The Latest Breaking News from Alisher Usmanov

It comes as western governments threaten to impose tougher sanctions on Russian oligarchs

The 512ft luxury vessel, Dilbar, was taken by German authorities in Hamburg.

Everton FC has also cut ties with billionaire

A luxury yacht linked to Russian billionaire Alisher Usmanov, who faces EU sanctions over Russia's invasion of Ukraine, is sitting in a shipyard in the German port of Hamburg and local authorities said there were no plans to deliver it to its owner.

Frank Lampard has further commented on Alisher Usmanov following Everton's decision to suspend their agreements with the billionaire's companies

Russian oligarch Alisher Usmanov, who had commercial ties with Everton, has been hit with a number of sanctions by the European Union this week due to the ongoing war in Ukraine

Guardian analysis comes as Boris Johnson under pressure to step up financial curbs over Ukraine invasion

Everton takes a stand, while Chelsea is for sale as the two clubs with direct oligarch ties are compelled to act for different reasons.

The club has suspended their relationship with companies linked to Alisher Usmanov, the Uzbek-born billionaire whose assets have been frozen by the European Union

The recently-appointed Everton boss has commented on the two Russian oligarchs who have close ties with Chelsea side and the Toffees amid speculation over their finances

Everton has halted its major sponsorship with companies belonging to Alisher Usmanov