Owner of Vitesse Arnhem sells his shares – 11/03/2022

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The Hague, March 11, 2022 (AFP) – Russian oligarch Valery Auve, owner of Vitesse Arnhem, decided to sell his shares as a result of the Russian invasion of Ukraine, announced today (11) the Dutch football club that plays this game. The season in the European Conference League.

“Valerie Auve has decided to sell his shares,” Vitesse Arnhem said in a statement, adding that the majority shareholder would leave the club’s board of directors immediately.

“I am very sorry to say goodbye to Vitesse, but in the current situation I have taken this difficult decision in the interests of the club, the apparatus, the fans, the sponsors and other parties present,” the Russian oligarch said in the statement. .

Oev, like many of the Russian oligarchs close to power in Moscow, is under pressure after Russian President Vladimir Putin’s invasion of Ukraine and economic sanctions imposed by Europe and the United States in response to the action.

According to the Dutch press, Ove is a close associate of Roman Abramovich, another Russian oligarch facing UK sanctions who prompted him to announce the sale to Chelsea, the current European champions, a process now stymied by the actions of British authorities.

Vitesse Arnhem is currently in the Round of 16 of the European Conference Championship. On Thursday, they lost 1-0 at home to Roma and next week they are looking to recover in the Italian capital.

cvo / add / mcd / aa

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