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the Football club CSKA faced with caring sponsors in connection with the pandemic. This is the General team Director Roman Babaev at the meeting of the Association of managers of Russia.

the Season in the Russian Premier League was suspended in March due to pandemic coronavirus. The competition should resume in the second half of June. The matches will be able to visit the audience in an amount not exceeding 10% of the stadium capacity. CSKA for eight rounds before the end of the tournament and is in fifth place with 36 points and trailing by 14 points from the leader, the St. Petersburg “Zenith”.

“the Tendency to sponsors emerged, including the big clubs. And we touched, sorry. But everything objectively, we understand that colleagues are now serious problems, they are not advertising and investment in the sport,” said Babayev.

the General Director of CSKA has noted that sport is “very dependent” and therefore suffered “a little more” other industries.

Babayev said that the club are now looking for “other ways” and “some time will have to tighten the belt, but nothing wrong with that”. “CSKA are regularly confronted with certain difficulties that we used to overcome them”, he added.

In April, the state development Corporation VNESHECONOMBANK.Russia has closed the acquisition of 77,63% of the shares CSKA Moscow in the framework of debt conversion of the Moscow club and became its main owner. Under the deal, the football team has fully repaid the debt obligations to the Corporation, which occurred in 2012, when CSKA took a loan of 240 million dollars for the construction of a new stadium, later called “WEB arena”.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.