US visa changes to affect mainly Russian independent travelers, says authorityBusiness & Economy August 21, 21:07
CAS upholds life ban for ex-president of Russian athleticsSport August 21, 20:03
Police confirms man shot dead in Subirats was Barcelona attack perpetratorWorld August 21, 19:50
Premiere for historical drama Matilda rescheduled for late OctoberSociety & Culture August 21, 19:45
Fire in Russia’s Rostov-on-Don fully containedWorld August 21, 19:37
Russia wins two golds on second day of 2017 Universiade in TaipeiSport August 21, 19:29
Washington’s new strategy in Afghanistan aimed against China, expert saysWorld August 21, 18:43
Russia settles last part of Soviet debtBusiness & Economy August 21, 18:37
Man wearing suicide belt shot dead near BarcelonaWorld August 21, 18:29
MOSCOW, December 05 /ITAR-TASS/. Mikhail Prokhorov’s lawyers are working on a transfer of his shares in the Brooklyn Nets basketball club to a Russian company, which the businessman owns. A new owner may be the Charity Foundation of Cultural Initiatives, which Prokhorov has established, the Izvestia daily reports on Thursday.
The newspaper learned from Prokhorov’s entourage “the transfer of assets will allow Prokhorov participate in the elections /to the Moscow city Duma and others/.”
“All the legal procedures comply with the Russian legislation, and the management is involved in this. Thus, the realistic owner will not change. The Brooklyn Nets team is not on sale, and there are no consultations on that,” Prokhorov’s press service said. Thus, the owner will be changed, but at the same time the club will be still under control of the leader of Civil Platform.
Possession of foreign assets is a main obstacle for Prokhorov in participating in elections. That was the reason why he could not run for the mayor of Moscow, the newspaper reports.