Gaetan Boucher: Memories of Sarajevo
Editor's note: We are revisiting this story, originally written as part of the Canada 150 series, for this week's edition of our Sunday Read feature series.
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Editor's note: We are revisiting this story, originally written as part of the Canada 150 series, for this week's edition of our Sunday Read feature series.
The symbolic shuttering of McDonald's in Russia captured headlines this week because it was one of the first Western brands to open with the writing on the wall for the Soviet Union.
Football Club's Russian owner Roman Abramovich was on Thursday hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions into disarray. The billionaire owner of the English Premier League side became the highest profile oligarch yet sanctioned by any Western country, following Russia's invasion of Ukraine late last month. Abramovich, 55, was one of seven more oligarchs slapped with new British restrictions over the invasion, including his former business partner Oleg Deripaska.
Roman Abramovich rose from a penniless background in Russia's frozen north to become a multi-billionaire and a celebrity football tycoon, but his empire is teetering on collapse after Russia's invasion of Ukraine.
LONDON (AP) — European and world soccer champion Chelsea was among the assets of Roman Abramovich frozen by the British government on Thursday after he was sanctioned for his close relationship with Russian President Vladimir Putin.
The UK government's decision to freeze his assets cripples the activities of Chelsea Football Club, the jewel in Abramovich's crown, and delivers another crushing blow to his business realm. As speculation swirled that he was about to be targeted over his alleged Kremlin links, Abramovich announced he was selling the Premier League side "in the best interest of the club, the fans, the employees, as well as the club's sponsors and partners".
Before Nikita Mazepin made his Formula 1 debut, the sport was not unfamiliar to Russian drivers.
A consortium led by US businessman Todd Boehly and Swiss billionaire Hansjorg Wyss has made an offer to buy Chelsea from Roman Abramovich, according to British media reports on Tuesday.