Hey Sports Tech Fans,
As the conflict in Ukraine dominates the front pages, its impact on sport is filling the back pages.
Russia have now been banned from the World Cup in 2022, thanks in part to the stance of Poland and Sweden Football Associations.
Russia were due to play Poland in a qualifier with the winner to play Sweden this month and it looks like their refusal to play against Russia forced FIFA’s hand.
Elsewhere in football UEFA have banned Russian teams from their club competitions and have parted ways with Gazprom, one of their major sponsors for club and international competitions.
The big news out of the Premier League is that Roman Abramovich has put Chelsea up for sale with the “net proceeds” going to those impacted by the war.
It is a very carefully written press release from his team with a lot of questions to be asked.
It was reported that he has written off the £1.5 billion debt that Chelsea owe him as he pumped in an average of £78 million a year during his 19-year reign as Chelsea were far from a break-even business as it searched for major honours.
My reading is that the club won’t have to pay the debts but that any new owner will inherit those debts.
The “net proceeds” going to a charity to help those impacted by the war is also very vague with early suggestions being it would go to Ukrainian victims, but The Guardian asked further questions and it looks like money might go to those impacted on both sides of the war.
Ukraine announced their own crypto project to help fund their military but that has since been changed to an NFT project.
I never thought that NFT’s would be involved in a war but these are strange times we are living in.
Ukraine is also soliciting Bitcoin as part of its fundraising drive.
It’s all very surreal writing about a conflict and its impact on sport but its impacts are felt far and wide.
It’s utterly heart breaking watching the news coming out of Ukraine and it’s great to see such a response from people right around the world doing what they can to help out.
There are numerous organisations raising money to help support Ukraine but I would urge to do so to registered charities.
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Have a great sporting weekend.