+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeNewslettersNextShare

Here are the Russian oligarchs and Russian sponsors in the soccer world who could be affected by sanctions

  • Russian oligarchs have come under swift sanctions from the US, UK, and EU in response to the war in Ukraine.
  • They have lost a combined $80 billion of their wealth so far.

Since Russia launched its military invasion into Ukraine two weeks ago, Russian sports organizations and oligarchs have faced a swift backlash in the soccer world.

Various sports bodies, including FIFA, major tennis federations, Formula 1, the International Paralympic Committee, and major boxing sanctioning bodies have banned events in Russia or banned athletes from competing under the Russian flag.

In soccer, some Russian oligarchs who own soccer teams have been directly impacted by sanctions, while others could soon become targets of sanctions.

Poland, Sweden, and the Czech Republic announced that they would boycott FIFA World Cup qualifying matches against Russia. FIFA and UEFA later banned the Russian national team from international competitions.

Here are some of the Russian oligarchs and Russian sponsors in the soccer world.

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!