Putin decorates commandoes for two-day face-to-face clash with militants in SyriaRussian Politics & Diplomacy May 24, 18:31
Experts say rising military spending to push Europe to reconsider NATO’s roleRussian Politics & Diplomacy May 24, 17:56
Poll shows 25% of Russians expect headway in ties with France during Macron’s presidencySociety & Culture May 24, 17:33
Former Finnish PM points to signs of improvement in Russia-West relationsWorld May 24, 17:20
Russia's legendary Su-27 fighter marks 40 years since its first flightMilitary & Defense May 24, 17:19
Russian lawmaker comments on US decision to end military subsidies to UkraineRussian Politics & Diplomacy May 24, 16:30
Nine Russian missile regiments rearmed with advanced ICBM systemsMilitary & Defense May 24, 16:01
Perm session completes cycle of regional offsite events in run-up to SPIEF 2017Press Releases May 24, 15:38
Ka-52 helicopters to have advanced weapon targeting systemMilitary & Defense May 24, 15:09
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.