Friday, March 4, 2016

Usmanov agreed to defer payment of the debt of the Russian Football Union – RBC

Businessman Alisher Usmanov

Photo: Vladimir Smirnov / TASS

The Russian football Union has agreed with the billionaire Alisher Usmanov to defer payment of debt. Negotiations on the restructuring led the head of the RFU and Sports Minister Vitaly Mutko

The Russian Football Union (RFU) was able to negotiate a debt restructuring with billionaire Alisher Usmanov, the CEO of the RFU Alexander Alaev at the conference on Friday, March 4th. He noted that the negotiations on the restructuring negotiated RFU President and the Minister of Sports of Russia Vitaly Mutko, reports TASS.

Alaev did not specify the amount of debt to be restructured. He noted that the RFU payable by the end of 2016, expected to be about 491 million rubles. RFS expects to repay it to the beginning of 2018, the CEO of the organization.

Usmanov, who is co-owner of English football club “Arsenal”, the RAF has provided financial support for several times. In 2015, billionaire provided two credit union in the amount of 400 million rubles. and 300 million rubles. to pay off wage arrears before Fabio Capello, at that time held the post of head coach of the Russian national football team. Following the resignation of Capello in July 2015 Usmanov has helped the RAF to pay compensation dismissed coach, leaving the union of 1 billion rubles. The businessman promised not to seek the return of the funds, saying it wants to help the RAF to improve things and to prepare for the World Cup to be held in Russia in 2018. In October 2015, Vitaly Mutko said that Usmanov has helped the RAF close issues related to the new head coach of the Russian national team Leonid Slutsky and a premium for Russian access to the European Championship in 2016.

In a column for Bloomberg in 2014 Usmanov wrote that invests in Russian sport is much more than the English “Arsenal”. He noted that in his childhood he loved to play football and is a fan of the Moscow club “Dynamo”. Usmanov wants to at the 2018 Russian team performed well, said the wife of the billionaire president of the Russian Federation of Rhythmic Gymnastics Irina Irina Viner Tass in October 2015. “Football for Usmanov – a hobby, his” clinic “. Even when he’s sitting after surgery or some heavy negotiations, football for him – everything, and he forgets about everything, “- she said.

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