Everton-linked Russian billionaire Usmanov sanctioned over Ukraine invasion

Alisher Usmanov and Igor Shuvalov were being sanctioned after the move was signed off by Foreign Secretary Liz Truss, the PA news agency understands.

Sam Blewett
Thursday 03 March 2022 14:28 EST
Russian billionaire Alisher Usmanov has ties to Everton (bradley Collyer/PA)
Russian billionaire Alisher Usmanov has ties to Everton (bradley Collyer/PA) (PA Archive)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Russian billionaire Alisher Usmanov, who has ties to Everton, is being hit with sanctions in the UK under measures to pressure Vladimir Putin over his invasion of Ukraine.

The Foreign Office was also preparing to announce sanctions against former Russian deputy prime minister Igor Shuvalov on Thursday evening after the move was signed off by Foreign Secretary Liz Truss, the PA news agency understands.

Roman Abramovich, who says he will sell Chelsea, is not expected to be on the latest tranche of sanctioned oligarchs after it was conceded it could take “weeks and months” to build legally sound cases.

But Ms Truss will establish an Oligarch Taskforce of ministers and officials from departments including the Home Office, the Treasury and the National Crime Agency to co-ordinate sanctions and build cases against targets.

The move came after a Government source acknowledged to the PA news agency that it could take “weeks and month” to build a legally watertight case against some Russian oligarchs.

“We’re working round-the-clock and going as quick as we can,” the source added, with Ms Truss understood to have tripled the size of the sanctions team in recent months.

Mr Usmanov, whose commercial ties with Everton have been suspended, has already had his assets frozen as part of measures taken by the European Union.

On Wednesday, Labour leader Sir Keir Starmer questioned why Mr Shuvalov, who served under Mr Putin as his deputy prime minister, had not been sanctioned.

Mr Shuvalov owns property in Westminster and is the chair of the management board of VEB, one of the sanctioned Russian banks.

Ms Truss said: “Our message to Putin and his allies has been clear from day one – invading Ukraine would have serious and crippling economic consequences.

“Sanctioning Usmanov and Shuvalov sends a clear message that we will hit oligarchs and individuals closely associated with the Putin regime and his barbarous war. We won’t stop here. Our aim is to cripple the Russian economy and starve Putin’s war machine.”

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in