Russian President Vladimir Putin ordered an invasion of Ukraine, which has led to increased pressure on the organization to cut ties with the company.
One of the major sponsors of European football is the Russian state-owned gas company, Gazprom.
More than 130 people were killed in Russia's attack on Ukraine on Friday.
The European Championships and the Nations League are supported by the 40 million dollars a year that the European Championships and the Nations League get. It renewed its contract in May of last year.
The relationship will be discussed at a meeting of the executive committee on Friday. The final was to be held in St Petersburg.
The president of the Russian Football Union is on the executive committee.
The president of the Ukraine Association of Football is a member of the executive committee.
The club removed the logo from their shirts.
The future of Manchester United's commercial partnership with Aeroflot is being looked at.
The Civil Aviation Authority of the UK has banned Aeroflot from flying in its airspace.
United has an official carrier that flies to European games, and that is Aeroflot.
United did not use Aeroflot for the game. They used a charter airline.
Due to the situation in Ukraine, the final of the European club competition will be moved from St. Petersburg to Friday.
The final was due to take place at the 68,000-capacity Gazprom Arena in St Petersburg on May 28 but a meeting of the Executive Committee will be held on Friday to confirm the decision to move the match.
The governing body may not confirm a new venue for the final.
The Ukrainian FA wants to move the 2023 Super Cup final from Kazan in Russia to another country and has asked for Russian teams to be banned from the competition.
Following the evolution of the situation between Russia and Ukraine, the UEFA president has called an extraordinary meeting of the Executive Committee for 10:00 CET on Friday 25 February, in order to evaluate the situation and take all necessary decisions.
— UEFA (@UEFA) February 24, 2022
The European football's governing body issued a statement on Thursday, which read: "UEFA condemns the ongoing Russian military invasion in Ukraine and shares the international community's concern for the security situation in Europe."
As the governing body of European football, it is working hard to develop and promote football according to common European values such as peace and respect for human rights, in the spirit of the Olympic Charter. We are ready to extend our hand to the Ukrainian people and remain steadfast in our solidarity with the football community.
We are dealing with a very serious situation. The decisions will be taken by the Executive Committee.
The World Cup play-off game between Russia and Poland next month is being reviewed as a matter of urgent importance, after the president of the sport's governing body called for a rapid cessation of the conflict in Ukraine.
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The Polish, Czech and Swedish federations wrote to the world governing body, saying games should not be played in Russia because of the military escalation and lower safety.
Russia will host a play-off semi-final against Poland on March 24 in Moscow if the winner of the Czech Republic and Sweden game is able to host a play-off.
In other developments.
The 2020 final was moved from Istanbul to Lisbon because of the coronaviruses, as was the last year's final.
The Championship and League Two play-off finals are being held at Wembley on the same weekend in May.
The League Two and the Championship playoffs will take place on the same weekend as the game, so it is unlikely that it will be at Wembley.
The South American Football confederation, CONMBEBOL, has set up a game with the winner of the European Championship to be played in London a few days after the final. I think that is a couple of days after the final. I am not sure if the European football association would want to have two big events in London.
UEFA have a lot of options. They need a venue that can hold 100,000 people for the weekend, so you are thinking of places like Madrid, Barcelona, Paris, Munich, Rome, Milan and of course London. The London Stadium and the Emirates Stadium are in London.
Sky Sports News spoke to two officials at Shakhtar, following the start of Russia's invasion of the country.
Both have described a state of shock, fear and confusion, with the Ukrainian premier league season now suspended.
One official has told us that he intends to stay and fight for his country, even though he has been training in the use of firearms.
The club staff is spread throughout the country, including in Kharkiv, where there have been explosions, and in the east, where there have been independence movements.
The club has set up a group on the internet to keep track of staff members and discuss their next steps. Their main priority is the well-being of staff and their families.
They posted a picture of the Ukrainian flag with the comment "We'll endure it!" on their social media.
The Ukrainian league was suspended after the president announced martial law in the country.
Since fighting broke out in the eastern Donbass region of the country in the summer of 2014, they have been playing in Kyiv.
Formula One says it is closely watching the events in Ukraine, but has no comment on whether the Russian Grand Prix will go ahead.
The bosses of the sport released a statement on Thursday after Russia launched an invasion of Ukraine.
The race in Sochi is on the F1 calendar and will take place on September 25.
Formula One is keeping an eye on the developments and has no further comment at this time.
The Russian Grand Prix will not take place, with world champion Max Verstappen calling for the event to be canceled.