Chelsea: Abramovich confirms London club is up for sale March 2, 2022 Chelsea owner Roman Abramovich has tonight confirmed that his club is up for sale with the net proceeds going to help Ukrainian war victims. The Premier League club owner confirmed the news in a statement on the club’s website and says the decision “is in the best interest of the club”. In a statement, he [...]
Clock ticking on Roman Abramovich after he puts Chelsea up for sale March 2, 2022 Chelsea owner Roman Abramovich has put the Premier League club up for sale – but faces a race against time to find a buyer amid the continued threat of sanctions. Abramovich has hired US bank the Raine Group to advise on a deal and is believed to want £3bn for the reigning European champions, who [...]
Are NFTs crypto assets, and why does it matter? March 2, 2022 Crypto AM's Jonny Fry examines whether or not NFTs can be regarded as crypto assets, and why it should matter.
Ukraine: Everton suspend arrangements with Russian linked billionaire March 2, 2022 Premier League side Everton have suspended their commercial sponsorship arrangements with all Alisher Usmanov owned companies. The Russian billionaire is on a list of people who have had their assets frozen by the European Union in response to Russia’s invasion of Ukraine. Usmanov owns USM Holdings, who sponsor Everton’s training ground and has Everton owner [...]
Cam’s the man: Norrie poised to defend Indian Wells title March 2, 2022 When the first serve of the Indian Wells Masters gets walloped next week, Great Britain will have a defending champion – Cameron Norrie – in the tournament for the first time. Cameron Norrie won his maiden ATP Tour Masters 1000 event last year when he overcame Nikoloz Basilashvili 3-6, 6-4, 6-1 in what many [...]
Premier League takes slow road to first NFT deal March 1, 2022 Driven by the extraordinary early success of the NBA’s Top Shot digital collectibles, NFTs were the talk of the sports industry when the Premier League dipped its toe into the market last year. It launched a tender process, inviting bidders to submit proposals for a range of officially licensed Premier League NFTs, which was due [...]
Betfair owner Flutter shares dive despite US growth March 1, 2022 Paddypower and Betfair owner Flutter Entertainment reported steady growth this morning despite, with recreational customers up 23 per cent to 7.6m average monthly players.
Everton backer Usmanov has assets frozen by EU over Putin links March 1, 2022 Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]
Sport is guilty of shutting its eyes to Russia’s geopolitical ambitions February 27, 2022 Roman Abramovich’s near 20-year ownership of Premier League club Chelsea has been shrouded in mystery and therefore subject to constant scrutiny and speculation. Indeed, until the weekend, it remained unclear why he is there and what he is seeking to achieve. The oligarch has denied having direct links with Vladimir Putin but has been seen [...]
Chelsea facing calls to clarify Roman Abramovich role February 27, 2022 Chelsea are facing calls to publicly clarify Roman Abramovich’s role after he said he had handed the club’s “stewardship and care” to trustees of its charitable foundation. Ministers have been urged to seize billionaire Abramovich’s assets on the basis of his links to the Russian state in the wake of the country’s invasion of Ukraine. [...]