Adidas suspends partnership with Russian football union By Reuters
© Reuters. A Russian Football Union sign is seen during their meeting in Moscow, Russia December 19, 2018. REUTERS/Maxim Shemetov/File Photo
BERLIN (Reuters) – German sportswear company Adidas (OTC:) has suspended its partnership with the Russian Football Union (RFS) with immediate effect, a company spokesperson said on Tuesday.
The spokesperson did not give additional details.
The decision is in line with a series of those made by sports bodies to cut ties to Russian-affiliated bodies or companies following the war in Ukraine.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.