Nike has terminated its sponsorship deal with Russian Premier League club Spartak Moscow because IT will not be taking part in European competitions next season, the company and the club said.
UEFA, the governing body of European football, decided Russia would have no affiliated teams participating in its club competitions in the 2022-23 season due to Moscow's military campaign in Ukraine.
Spartak, which had been sponsored by Nike since 2005, said on Thursday it was looking for a new equipment supplier after Nike told it it would no longer be sponsoring the club.
In an emailed statement to Reuters on Friday, Nike said it had informed Spartak that it would no longer be the club's kit sponsor "given UEFA's decision to suspend all Russian clubs from UEFA competition."
The Europa League last-16 matches between Spartak and RB Leipzig were called off in February after UEFA suspended all Russian clubs from its competitions.
Russia sent tens of thousands of troops into Ukraine on Feb. 24 in what it called a special operation to degrade its southern neighbour's military capabilities and root out people it called dangerous nationalists.
The West has imposed sweeping sanctions on Russia and provided Ukraine with military support in response.
Latest on Sportstar
- Fencer Akshita to represent India in World Championships, Asian Games
- PGA Tour and LIV Golf merge commercial operations to unify golf
- WTC Final 2023: Australia captain Cummins backs Boland, Green to come good against India
- French Open 2023 Live Updates: Djokovic trails Khachanov 4-6, Alcaraz vs Tsitsipas in Roland-Garros quarterfinals
- Shardul Thakur terms WTC final ‘once-in-a-lifetime moment’, says he is eager to make it count