Alisher Usmanov: Everton-linked Russian billionaire has assets frozen by EU

The European Union has frozen the assets of the Russian billionaire who has a commercial relationship with the club.

There are restrictions on making funds available and an EU travel ban.

The training ground is sponsored by the company USM.

There is an exclusive naming-rights option on the new stadium.

The chairman of USM is Farhad Moshiri.

It's not clear what the move will do toEverton. The club has been contacted.

The EU Council said that Alisher Usmanov is a pro-Kremlin oligarch with close ties to Russian president Putin.

He actively supported Russian decision-makers who were responsible for the destabilisation of Ukraine.