×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Russian Billionaire Pays Off Football Union's Debt to Coach Fabio Capello

Russia's coach Fabio Capello reacts during their international friendly football match against Belarus at the Arena Khimki stadium outside Moscow.

Billionaire Alisher Usmanov has given the Russian Football Union (RFS) 300 million rubles ($5.56 million) to pay salary arrears owed to the coach of the national team, Fabio Capello.

Italian Capello took over as head coach in July 2012 before having his contract extended until the end of the 2018 World Cup, which Russia will host.

"As a member of the Russia 2018 Local Organizing Committee Supervisory Board, Usmanov decided to give financial help to the RFS to the tune of 300 million rubles," Usmanov's press service told the R-Sport news agency.

"Ahead of the 2018 World Cup, the question regarding the head coach is of great importance for the national football team."

The RFS was not immediately available to confirm the payment.

Usmanov, who according to Forbes magazine is Russia's richest man with an estimated fortune of $14.7 billion, earlier this year loaned the RFS 400 million rubles ($7.41 million) on favorable terms to help pay Capello.

Russia were beaten 1-0 at home by Austria in their Euro 2016 qualifier earlier this month and are third in Group G with eight points after six matches.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more