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“Friends of Putin” sell out the stadium in Finland – media

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The money for the sale of the arena will go to special accounts under the control of the authorities and will be kept there while there are sanctions against the businessmen.

Russian businessmen with Finnish citizenship Gennady Timchenko and Roman Rotenberg sold the Helsinki Arena stadium to a group of Finnish investors for 60 million euros. This was reported by the Finnish newspaper Ilta-Sanomat.

The money for the sale of the arena will go to special accounts under the control of the authorities and will be kept there while there are sanctions against the businessmen. The scheme was supported by Prime Minister Petteri Orppo. The agreement still needs to be approved by the Finnish authorities and the European Union, and it could take several months.

A group of Finnish investors has agreed to buy the Helsinki Arena.

The Finnish buyers, united under Trevian Asset Management Ltd, led by Heikki Wiitiko, a former hockey club owner, said it took them two years to negotiate the deal with lawyers working for Russian owners and the documents were signed yesterday.


Gennady Timchenko, an old acquaintance of Russian dictator Vladimir Putin, has been under US sanctions since 2014, and the European Union included him on the sanctions list in 2022.
Against Roman Rotenberg there are no EU sanctions, but the Finnish authorities assumed that the arena would be controlled through him by the businessman’s father, a friend of President Putin, Boris Rotenberg, who was subject to US and EU sanctions after the Russian invasion in Ukraine in 2022.

As you know, billionaire Roman Avdeev, who ranks 108th in the Russian Forbes ranking with a value of $1.2 billion, announced the sale of his last asset in the Russian Federation.

Earlier, Switzerland froze 1.3 billion euros of Russian oligarch Suleiman Kerimov.

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Source: korrespondent

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