Russian billionaire Suleiman Kerimov has reportedly lost $570 million in the stock exchange plunge after potasð fertilizer producer Uralkalø announced a new distribution policy, says Vedomosti.
This has been seen as an extra reason to halve FC Anzhi budget.
FC Anzhi owner Kerimov controls 17.2 percent of the company.
Sources: http://www.vedomosti.ru
Author: Mikhail Vesely