The State Investigation Bureau of Ukraine publicly announced through its Moscow telegraph channel that the assets of Evgeny Giner, the head of CSKA, have been expropriated. The reported action centers on the First Investment Bank, which the agency states has entered state ownership. Giner, who holds 88.89 percent of the bank’s shares, is described as a central figure in this development.
Giner, now 63, took the helm of CSKA on February 20, 2001. Under his leadership, the army club secured six Russian championships, claimed the Russian Cup and the Russian Super Cup seven times, and achieved a historic milestone by becoming the first Russian club to win the UEFA Cup. His presidency coincided with a period of notable domestic success and international visibility for the team, helping shape CSKA’s modern era and its standing within Russian football.
In 2020, a significant shift occurred when the controlling stake of the club was transferred to VEB.RF. Following this change, Giner stepped into the role of vice chairman of CSKA’s board, continuing to influence the club’s strategic direction while the ownership structure evolved around him. This transition reflected broader movements in Russian football governance, with state-linked entities taking more pronounced roles in club administration and investment trajectories.
The 2022/23 season saw CSKA finish in second place in the Russian championship, marking a high level of competitive performance amid a dynamic national league landscape. The season’s results were part of a longer arc of sustained competitiveness for the club, balancing a legacy of success with the evolving realities of Russian football administration and financial stewardship.
The article notes a historical footnote about player transfers, mentioning that Jesus Medina’s move was the first direct transfer from CSKA to Spartak in 29 years. This transfer highlighted the seasonal and strategic shifts within the league, where cross-town moves can carry significant implications for club dynamics, fan sentiment, and the broader market for players in Russian football.