FC Tyumen, FC Yenisey Krasnoyarsk stunned as Russian Football Union suspends all domestic competitions
RFS suspends all competitions due to financial crisis
The Russian Football Union (RFS) has suspended all domestic football competitions, including the Russian Premier League and the Russian Cup, due to a financial crisis. The decision was made at an emergency meeting of the RFS Executive Committee on Monday, and will take effect from Tuesday, March 12.
The RFS said in a statement that the decision was made "due to the current financial situation in the country".
Financial crisis hits Russian football
The Russian football industry has been hit hard by the financial crisis in the country. The ruble has lost over 40% of its value against the US dollar in the past year, and inflation is running at over 10%. This has made it difficult for clubs to pay player salaries and operating costs.
The RFS has been trying to help clubs weather the storm, but it has been unable to provide enough financial support. As a result, several clubs have been forced to fold or withdraw from competitions.
FC Tyumen, FC Yenisey Krasnoyarsk stunned by suspension
The suspension of all domestic football competitions has come as a shock to FC Tyumen and FC Yenisey Krasnoyarsk. Both clubs were in contention for promotion to the Russian Premier League this season.
FC Tyumen's general director, Andrei Vasyukov, said the suspension was "a disaster".
"We were in a good position to win promotion this season," Vasyukov said. "But now we don't know what will happen. We may not be able to afford to continue playing in the Russian Premier League if we are promoted."
Future of Russian football uncertain
The suspension of all domestic football competitions has cast a shadow over the future of Russian football. It is unclear when the competitions will resume, and how the RFS will help clubs to cope with the financial crisis.
The RFS has said that it is working on a plan to resume competitions as soon as possible. However, it is clear that the Russian football industry will face significant challenges in the coming months.