In recent days, Russia has significantly aggravated the conflict with Ukraine. On Monday evening, it officially recognized the independence of the separatist republics – Donetsk and Lugansk, to which the Western countries reacted decisively.
CSKA Moscow may have serious problems. Club owner subject to US sanctions
One of the first countries to impose sanctions is the United States. The Americans banned trading in Russian bonds, but most of all they blocked two large Russian banks – WEB and PSB. It looks like foreign sanctions will also hit Russian sport seriously. The first institution is heavily involved in this field.
The Russian football giant will suffer the most -. The club’s owner is Wnieszekonombank (WEB), on which US sanctions were imposed on Tuesday. Everything seems to indicate that the club will be completely cut off from the owner’s money and may run into a lot of trouble. Along with the sanctions on the bank, all its subsidiaries are also covered by them, so CSKA was automatically blacklisted as well.
Vnesheekonombank became the owner of CSKA Moscow in 2020. The bank then bought 77 percent of shares in one of the most successful Russian football clubs, and also acquired the rights to the name of the Ariena CSKA stadium (now WEB Arena).
CSKA is currently preparing for the Premier League spring round, in which it is to fight for the Russian championship. Currently, Aleksiej Berezucki’s players are fourth in the table, eight points behind the leader.
Source: Sport
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
