Seasons2021-22Everton News
Everton offer clarification regarding US sanctions of USM company
Everton have moved to clarify that the company bearing the name USM that has been included in the list of Russia-based firms listed for sanction by the United States Treasury is a different entity to the one that sponsors Finch Farm.
USM Limited Liability Company, described on the list as a "financial company located in Russia", was named by the US as one of the companies to be restricted in its dealings in America in the wake of Russian president, Vladimir Putin's, decision to commence an invasion of neighbouring Ukraine this week.
According to the Liverpool Echo, Everton sources say that USM Holdings, which has sponsorship ties with the club beyond just the training ground, is different to the one earmarked for sanctions and that there are no plans at this stage for the club to change its commercial arrangements.
USM Holdings, of which Russian citizen Alisher Usmanov and Everton owner Farhad Moshiri are directors, have purchased the naming rights to the club's Bramley-Moore Dock stadium which is currently under construction and is the parent company of Megafon, a matchday sponsor at Goodison Park and shirt sponsor of Everton Women.
Reader Comments (44)
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2 Posted 25/02/2022 at 19:01:06
3 Posted 25/02/2022 at 20:07:10
4 Posted 25/02/2022 at 20:21:05
5 Posted 25/02/2022 at 22:45:35
6 Posted 25/02/2022 at 22:49:49
It seems Usmanov has a decision to make about publicly distancing himself from Putin. Can't imagine he would be allowed to simply do that if any ongoing business essentially bolstered Putin.
Can we agree that an oligarch can become ‘rehabilitated' if they are able to extricate themselves so they are no longer aiding and abetting the regime?
7 Posted 25/02/2022 at 23:05:14
I've weighed in a bit already so I'll leave it there but don't be embarrassed about us unless we do nothing on the matter. Then I may join you.
8 Posted 25/02/2022 at 23:43:54
"I am proud that I know Putin, and the fact that everybody does not like him is not Putin's problem."
More embarrassment for our club.
9 Posted 26/02/2022 at 02:43:56
I doubt anyone thinks every penny is clean... yet we welcome funding for our club.
Without knowing where the line is, I think this crosses it. USM Holdings or USM LLC - we shouldn't be making decisions based on the nuances of entity locations. We know what's right.
I'll accept what comes with that.
I just don't know that we'll replace it with anything that is clearly on the right side of the line!
10 Posted 26/02/2022 at 13:18:48
2010 was a long time ago – before Russian state interference in US elections and the Brexit vote, before the first invasion of Ukraine. I'm interested in what he has to say more recently. I think we all want to know.
Yes, a plutocrat or oligarch can be rehabilitated, but it requires making a stand. I don't know how Usmanov's (and therefore Moshiri's) wealth is tied to staying in Putin's good graces. I think if they aren't publicly condemning Russia and Putin's actions, then we can assume that it is.
If so, USM and Megafone should be off the kit and their money out of the club.
David Vaughn
Please let's not descend to petty nationalism. Many Russians are bravely making their voices heard in the streets of St Petersburg, Moscow and all over Russia. Even some business people including the owner of Novaya Gazeta.
We may see mass resignations of Russian "journalists" today – the state propaganda about the war in Ukraine being too much for even them to peddle. At the same time, many Russians do support it, and support Putin.
I doubt Moshiri and Usmanov do. But, if they aren't willing to publicly, and loudly condemn Putin's aggression, then they and their money both need to go.
11 Posted 26/02/2022 at 13:32:20
Blaming Brexit on the “Russians” is also utter idiocy. The tool of spoilt children unable to accept those naughty fellow voters didnt vote the way they want. The EU exit has made Britain (a genuine Cold War enemy of Russia) able to act freely and without the influence of the Russian dependent Germans (see SWIFT). It was never in Russias interest to have us outside the EU.
This will be my only post on it. I condemn Russia in the strongest possible terms, and hope Putin chokes to death on his tea…..just think its embarrassing some are demanding witches need to prove they arent witches. Wait for government to sanction and then we act.
12 Posted 26/02/2022 at 13:48:20
Successive UK Governments deemed it okay to do business with Russia and football's governing bodies gave the green light to Abromovich and others to purchase football clubs. From that particular perspective, Everton Football Club has done nothing wrong, and even if it wanted to extricate and distance itself from Usmanov, it will only do so with the strong possibility of financially destroying the club itself.
The best scenario is for the current owner(s) to sell up and any new owners to search for new more acceptable sponsorship, and perhaps new backers for the stadium costs. Maybe Moshiri and company could sell to Mr Kenwright for a quid?
13 Posted 26/02/2022 at 14:12:36
Also meant to say - regarding the rest of your statement.
I fully agree. The club statement has left far too many questions unanswered.
Gary Jones
Very noble of you to stand up and defend a man worth 12 Billion Pounds who owns the largest yacht on earth and who has publicly stated (though 14 years ago) that he was "proud to know Putin." He's fully capable of revising those statements now. And if his family is any physical danger, they could easily leave on any of his private jets. The window of time in which these questions should be answered is closing rapidly.
14 Posted 26/02/2022 at 14:22:11
Depending on the answers to exactly how USM Holding and USM LLC, and how Usmanov and Putin are connected, sanctions could very quickly make those legal contract null and void.
Usmanov is not on any sanctions list. But, one of his companies is. Many unanswered questions right now, and we're right to want answers.
15 Posted 26/02/2022 at 14:22:18
16 Posted 26/02/2022 at 14:24:45
17 Posted 26/02/2022 at 14:27:46
No good getting answers that turn out to be the answers you don't expect...or like.
18 Posted 26/02/2022 at 14:35:10
19 Posted 26/02/2022 at 14:53:23
And you promised us you'd only make one comment.
I've actually read this and other articles. And there are conflicting reports about whether Usmanov is connected to USM LLC, the sanctioned entity as well as to USM Holdings.
So yes, it could be that he is completely unconnected. I should not have said "one of his companies is".
His earlier comment on Putin alone needs updating, however.
20 Posted 26/02/2022 at 15:02:41
1) Apologies, I meant my only comment on Brexit…..I put the new paragraph a sentence too early.
2) Fair play admitting your own mistake too, it's rare to see retraction on such emotive issues, and I've got respect for anyone who can.
3) I hope that in time he does recant it… but, hindsight is not something we can judge clearly on, and unless we have an intricate understanding of his personal situation, we shouldn't be demanding it. As I've already stated, what's easy for me and you to say could be a literal death sentence for others.
21 Posted 26/02/2022 at 15:10:29
Why should Moshiri sell up just because he worked for Usmanov and is friends with him? He used Usmanov's friendship with him to get sponsorship for Finch Farm and naming rights to the new stadium and sponsorship for the women's team.
At the time, I never heard of many supporters objecting to his financial assistance through one of his companies. At the time, there were a number of comments how great it would be to see Usmanov's yacht sail down the Mersey and dock at the new ground.
There is no doubt that Everton should have an internal investigation into what he is being investigated for, and take it from the answers they get, before they take any hasty actions.
22 Posted 26/02/2022 at 15:35:36
I may have jumped to conclusions prematurely based on inconclusive evidence. But, the questions remain and Usmanov and the club can easily answer them.
Actually, the club likely cannot answer them as a sponsoring company's owner's exact financial dealings and political affiliations is not something they would know.
23 Posted 26/02/2022 at 15:44:32
And no, I won't condemn Usmanov for a comment made 14 years ago when Putin's mendacity wasn't so obvious as he had, until then, only poisoned a few opponents, bombed a few Russian residential buildings and leveled Grozny.
But, I am asking if he still feels the same way. It's a question he should answer relatively soon.
Even Abromovich's daughter is publicly opposing Putin.
25 Posted 27/02/2022 at 20:48:01
Fifa say they can continue to play but under the "Football Union of Russia" and not simply "Russia". I suppose this is like the IOC banning Russia but not the ridiculous "Russian Olympic Committee" athletes.
26 Posted 27/02/2022 at 20:53:59
27 Posted 27/02/2022 at 21:16:14
28 Posted 27/02/2022 at 21:44:47
The response from various organisations, commercial and political, gives you a good indication of who is on the Russian payroll.
Unfortunately, there's all sorts of uncertainty about our situation. Usmanov is one of the Oligarchs outed under parliamentary privilege. We know there's a connection via Moshiri but I don't think we really know any more than that. So there is a real question mark over the stadium right now, and potentially other investment too. We shall just have to see.
29 Posted 27/02/2022 at 22:00:09
UEFA have recently moved this season's Champions League Final from St Petersburg to Paris. Fair enough. UEFA also has many sponsors, but their biggest sponsor by far is Gazprom, a Russian multinational energy corporation based in, funnily enough, St Petersburg and who, I assume pay UEFA the most in sponsorship money.
So will UEFA now terminate their sponsorship with Gazprom, or will money still talk at the end of the day?
30 Posted 27/02/2022 at 22:29:36
31 Posted 27/02/2022 at 22:44:39
NEW: The EU is weighing sanctions on some of Russia's oligarchs and wealthiest tycoons - proposed list includes Usmanov, Fridman, Aven, Mordashov, Sechin, Tokarev - as well as Putin spokesman Dmitry Peskov
32 Posted 27/02/2022 at 22:58:35
33 Posted 27/02/2022 at 23:01:22
34 Posted 27/02/2022 at 23:03:03
35 Posted 27/02/2022 at 23:23:27
First, but failing at the first hurdle of exposure to true Evertonians, Samuelson and his Russian oligarch bosses, then his self-proclaimed "Mozart-of-Money" feckless shyster Green and his God only knows acolytes, then Moshiri, the epitome of a pen-pushing footballing know-nothing dancing on the end of Usmanov's strings.
If the new stadium at Bramley-Moore Dock ever gets built, will it have sewers? If so, ironically name the fuckers after him because he just seeks shit from any quarter.
36 Posted 27/02/2022 at 23:37:43
I don't know a stitch of what is, or isn't, but Everton must do what's right and proper, and set an example to the football world.
Proxies, in this case, of companies or names won't wash. But, based on the club's feedback in the last few weeks, it would seem the new stadium at Bramley-Moore Dock is secure, but via which backers?
Priority is to stay up and, if we stay longer at Goodison, so be it. But, as Evertonians, in context of the scale of this crisis and the impact on UK security, we are entitled to know.
37 Posted 28/02/2022 at 02:18:27
They are a tyrannical state that has been ignored by the west for decades and now they are threatening the NATO hierarchy they have stood up and taken notice.
Putin should have been annexed years ago and we are now paying the price. They call London the "laundry" because of the dirty money thats laundered their, ignored by politicians and big buisness.
The French and Germans are sweating buckets over their economies because they rely on Russia for certain utilities.
The same goes for China, another corrupt state that's human rights record is appalling and has been ignored by the west because it doesn't affect their gravy train, they will be watching this with great interest planning their next move.
God bless all in Ukraine 🇺🇦 🙏
38 Posted 28/02/2022 at 03:43:33
The IOC, FIFA, UEFA have always had a weird hypocritical stance on separation between sports and politics. South Africa and Yugoslavia banned.
Meanwhile whatever your take on the Middle East they let them all continue with Israel shuffled into UEFA to avoid the awkwardness of boycotts.
But various African countries get bans when politicians fire FA officials, but Morocco invading Western Sahara, Rwanda genocide, Idi Amin in Uganda, Liberia destroying Sierra Leone etc nothing to see hear, carry on as you were.
China invading Tibet, Tiananen Square, Uighur concentration camps, no biggie. it's all about corruption and money with the occasional “let's make an example of Serbia as no one likes them anyway”.
39 Posted 28/02/2022 at 05:11:49
40 Posted 28/02/2022 at 06:06:31
A very tangled web all around but will we see a total ban on trading with Russia and any country that doesn't condemn their actions in Ukraine, even at the cost of many, and some very deep, pockets, or is that pushing the barrow too far, warwise, of course?
41 Posted 28/02/2022 at 15:06:43
42 Posted 28/02/2022 at 23:07:52
43 Posted 28/02/2022 at 23:18:35
It's not the best look for us at the moment is it?
44 Posted 28/02/2022 at 23:23:17
45 Posted 28/02/2022 at 23:29:47
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1 Posted 25/02/2022 at 18:57:05