He's believed to be close with Russian President Vladimir Putin.
Everton have suspended their sponsorship deals with companies owned by Alisher Usmanov.
The Uzbek-born billionaire has had his assets frozen by the EU, and is believed to be close to Russian President Vladimir Putin.
In a statement today, Everton say they have suspended with immediate effect their agreements with USM, Megafon and Yota.
Usmanov's arrangements with the club includes a €36million euro deal for the option of naming rights for their proposed new stadium at Bramley-Moore Dock.

Kildare SF Team (one late change) vs Wexford
Brighton Have Re-Signed Midfielder Pascal Gross
Bournmouth Sign Experienced Goalkeeper Fraser Forster On A Short-Term Contract
Crystal Palace Complete The Club Record Signing Of Brennan Johnson From Tottenham
It's The Women's National Cup Semi Finals Weekend
Donadea's Will Connors To Start For Leinster In Saturday's Clash Against Connacht
Liam Rosenior Named Leading Contender To Become Chelsea's New Head Coach
Friday Morning Sports Update