The Russian oligarch who owns Chelsea FC in the English Premier League announced that he is handing over stewardship of the prestigious soccer team amid Russia’s invasion of Ukraine and the threat of sanctions
The Union of European Football Associations previously announced it would move its Champions League final in May from Saint Petersburg to France.
After Russian troops entered Ukraine earlier this week, nations around the world, including the U.S.,“We’ve cut off Russia’s government from Western financing,” Biden said in address from the White House Tuesday. “It can no longer raise money from the West and can not trade in its new debt on our markets or European markets, either.”
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