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All undesirables are equal in Downing Street it would appear.That Guardian article is interesting in one way: it tells us Usmanov was persona non grata prior to the war.
Beyond that, it is most interesting because the British prime minister actively touted for Mohammed bin Salman to buy Newcastle United, while his home secretary was busy tut-tutting at Everton.
The double-standard - not even implied in that article - is breathtaking.
I think it's great that the journalist in question has shone a light on how Usmanov was viewed by the British government. When will he be shining a light on Priti Patel's view of the Newcastle United takeover? Just for context, like.
Stevie V (90s reference for you youngsters out there)Where does his dirty money come from?
I wonder what changed in 1999Its mad how since 1999, there has been no transparent and clear Everton owner, they have been either shadow owners/investors or front men for other people but they have all been invited into the club to keep one man in a position of power
Well we weren’t in Space like that 1970s Gerry Anderson show promised us! I was going to sue the BBC for false advertising! Instead we got super BillI wonder what changed in 1999
Simon Goodley againWell...... Exactly.
Bang on queue.
Oligarch funded Everton football club while barred from UK
Exclusive: Alisher Usmanov’s backing for club while refused entry to UK raises questions about Premier League governancewww.theguardian.com
Again, all this money laundering talk is utter, utter nonsense.
The only thing you can clean up in sports is your PERSONAL reputation. (eg, Qatar, UAE, KSA)
USM and all it's subsidiaries is a legitimate business operating all over the world. They can (or could, pre Ukraine) funnel money anywhere if they needed to.
Personal wealth? Plenty of countries take money with no questions asked. I myself have had clients who want to pay literal holdalls of money that we cannot accept. Instead, we take them to the bank, the manager goes through the process of "oh no we can't accept that" before calling 20 minutes later to say "we'll accept it for 3%" (an incredible deal for the person wanting to spend the cash btw.... No money laundering scheme gives a 97% return)
Everybody is happy. I get the deal done, client buys what he wants, bank makes easy money.
Countries are 'graded' for compliance in anti money laundering measures. It's a nice thing to shout about, but who gives a toss, really?
Countries that have remained neutral over Ukraine and refused any kind of sanctions are taking that stance because they welcome the Russian money coming in. For example, the latest property spike in Dubai is almost entirely driven by Russian investors who find it difficult to spend anywhere else.
I suspect the vast majority of money going into Everton was Usmanovs as opposed to Moshiris. He wasn't doing it to 'wash' the money that in the eyes if the law was already legitimate, it was a [Poor language removed] swinging exersize. Some people collect watches, some people collect supercars, some of his friends have megayachts..... Very few of them own a world famous sports team.
That's all Everton is/was.... Bragging rights. It's gone wrong (spectacularly) but it's NOT money laundering. Ffs.
You may well be right, it's only a suspicion.
We know that Moshiri is a bit of a loon, but would he really keep throwing his money in like he has? I mean, yeah.... He fabulously wealthy, but the amount he's spent to go backwards has me doubting.
I get the Forbes lists generally undervalue personal wealth, but if you base his spend on those figures he's spent around half of his money on Everton. Madness.
If his mate was spending it's less than a tenth. That's a really bad night at the casino in relative terms.
Well...... Exactly.
Bang on queue.
Oligarch funded Everton football club while barred from UK
Exclusive: Alisher Usmanov’s backing for club while refused entry to UK raises questions about Premier League governancewww.theguardian.com
Yeah, I was aware his wealth increased (reportedly doubled) since he came onboard, it's still a bit too much of a gamble to fund it himself.To disagree with you on all points (bar the last two paragraphs) would be naive. Youre spot on.
Your last two paragraphs arent quite right...he made a fortune with investments during the pandemic. His fortune has increased to such an extent during that time that it covers any 'losses' into the club
I take from this that we didnt need to cancel the sponsorship and shouldnt have done so.
Yeah, I was aware his wealth increased (reportedly doubled) since he came onboard, it's still a bit too much of a gamble to fund it himself.
He could do, but it would be ridiculous.
I'm certain it was him and his mate hoping to stick two fingers up at Arsenal. It hasn't exactly worked out.
Yep, there's no way he completely bails out now.If i was him, looking at the numbers i think it makes more sense for him to cover the stadium himself...and then look for investors at a far higher premium once built.
He could easily chuck in another $1bil and still have $2bil+ left (which is where he was publicly when he bought us).