The British Government will sanction Everton investor Alisher Usmanov due to his ties to the Russian state.
The 68-year-old’s companies have played a key role in financing the Premier League club in recent years, with Russian firm USM paying £12 million-a-year to sponsor the team’s training ground.
Usmanov previously held a 30 per cent stake in Arsenal but sold his shares for £550m in 2018.
On Wednesday, Everton announced that they have suspended all of their sponsorship deals with Usmanov’s companies.
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Usmanov also owns property in London and Surrey, including Sutton Place, the Grade I listed Tudor mansion set in 300 acres, which he purchased for £10m in 2004.
Usmanov has already had his 500-foot Dilbar superyacht, which is worth £450m, by German authorities in Hamburg this week.
Russia’s former deputy prime minister Igor Shuvalov, the chairman of Vnesheconombank, has also been sanctioned by the UK Government.
More to follow…
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