3/1, 3:13 PM (Source: TeleTrader)
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Adidas cuts ties with Russian Football Union

Adidas announced on Tuesday that it will cut ties with the Russian Football Union (RFS), multiple outlets reported citing a representative for the company. Further details are yet to be revealed.

Russian Football Union has been sponsored by the German multinational corporation since 2008. The decision was made after multiple bans of Russian athletes from sports competitions and sponsorships. Yesterday, FIFA expelled Russia from competing in the World Cup football competition, while UEFA terminated its partnership with Gazprom.

Baha Breaking News (BBN) / AY