Matthias Warnig, the chief executive of Nord Stream 2 AG who has been targeted by U.S. sanctions, is stepping down from the supervisory board of German soccer club FC Schalke 04, the club said on Twitter.
It said Warnig had informed the club that he was resigning with immediate effect.
The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline as well as its CEO, adding to pressure on the Baltic Sea project that was designed to double the gas flow capacity from Russia to Germany.
(Reporting by Maria Sheahan, editing by Kirsti Knolle)
Update:
In a separate statement, Schalke 04 said that following recent developments [in Ukraine] it had decided to remove the logo of main sponsor Gazprom, from the club's shirts.
"It will be replaced by lettering reading ‘Schalke 04’ instead," Schalke 04 tweeted.
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