Home EuroLeague Norilsk Nickel officially cuts off CSKA Moscow

Norilsk Nickel officially cuts off CSKA Moscow

As it was officially confirmed by the Norilsk Nickel General Director Vladimir Strzalkovskiy the Russian Metallurgical Giants will drastically cut down CSKA Moscow financing.

"The budget will be drastically reduced, this is our final and confirmed decision. But we will make sure from the behalf of the Norilsk Nickel that even without any other sponsors CSKA Moscow will still have the biggest budget in Russia."
 
said Strzalkovskiy to the Russian News Agency RIA Novosti.
 
This leaves CSKA Moscow on the search looking for new ways of boosting their income by sponsors, TV revenue, advertising and other options.
 
Some days ago CSKA Moscow General Manager Andrei Vatutin had said that his team will reduce their budget by 30% but it seems that the number will be larger than that.
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