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Russia: Millionaire owned football club may ditch world-class players00:42

Russia: Millionaire owned football club may ditch world-class players

Russian Federation, Moscow
August 7, 2013 at 12:20 GMT +00:00 · Published

Russia: Millionaire owned football club may ditch world-class players

According to media reports, Russia's richest football club Anzhi Makhachkala may intend to sell its most expensive players, including Cameroon captain and former FC Barcelona player Samuel Eto'o and Brazilian winger Willian Borges.

Club president Konstantin Remchukov has confirmed that Anzhi is planning drastic budget cuts to the tune of $70 million (€52 million). Russian media reported that the decision came after the board of directors saw poor results over the last season. The club however has denied a mass sale of players, assuring that they would fulfil their contractual obligations with the players in helping them find another club.

A spokesperson announced that the club will focus on the long-term development of the team, rather than buying international stars. Billionaire Sileiman Kerimov has spent more than $200 million (€150 million) on players since he acquired the club in 2011. Russia's 19th richest man has reportedly suffered large financial losses due to a slump in the share price of his potash company Uralkali.

(Source: RT Archive)

Russia: Millionaire owned football club may ditch world-class players00:42
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Russia: Millionaire owned football club may ditch world-class players

According to media reports, Russia's richest football club Anzhi Makhachkala may intend to sell its most expensive players, including Cameroon captain and former FC Barcelona player Samuel Eto'o and Brazilian winger Willian Borges.

Club president Konstantin Remchukov has confirmed that Anzhi is planning drastic budget cuts to the tune of $70 million (€52 million). Russian media reported that the decision came after the board of directors saw poor results over the last season. The club however has denied a mass sale of players, assuring that they would fulfil their contractual obligations with the players in helping them find another club.

A spokesperson announced that the club will focus on the long-term development of the team, rather than buying international stars. Billionaire Sileiman Kerimov has spent more than $200 million (€150 million) on players since he acquired the club in 2011. Russia's 19th richest man has reportedly suffered large financial losses due to a slump in the share price of his potash company Uralkali.

(Source: RT Archive)