McDonald’s is to permanently quit Russia over the Ukraine war, the company has revealed today.
Citing the ongoing ‘humanitarian crisis’ caused in the region by the conflict, McDonald’s has now said that it will be selling off all of its restaurants in the country and ‘de-Arching’ the new owners to remove all and any remaining brand ties.
Whilst many companies have announced temporary sanctions on Russia. this move by McDonald’s makes it one of just a handful of global brands to permanently pull out of the country in protest of the war.
When bosses initially shut down operations on 8 March following the initial invasion, the measures were only intended to be temporary.
Now, the company has said its position in Russia is ‘no longer tenable, nor is it consistent with McDonald’s values’.
In spite of this, it has emerged that McDonald’s still plans to look after its 62,000 Russian staff and has promised that they will continue to have jobs with the stores’ new owners as part of any future deal.
The company has also pledged to keep paying its Russian staff until new agreements are signed.
CEO Chris Kempzcinski said that the Russian staff’s dedication and loyalty to McDonald’s ‘make today’s announcement extremely difficult’, adding that he was ‘exceptionally proud’ of them.
‘However, we have a commitment to our global community and must remain steadfast in our values.
‘And our commitment to our values means that we can no longer keep the Arches shining there.’
By writing off all of its assets in Russia, the company will instantly lose £1.2 billion, it said in a statement, adding that it expects ‘significant losses’ as it also has to sell all of its assets in roubles.
In a private document obtained by The New York Times, Mr Kempzcinski admitted the move would have ‘profound consequences’ on employees, franchises and suppliers.
He said: “Some might argue that providing access to food and continuing to employ tens of thousands of ordinary citizens is surely the right thing to do.
“But it is impossible to ignore the humanitarian crisis caused by the war in Ukraine.
“And it is impossible to imagine the Golden Arches representing the same hope and promise that led us to enter the Russian market 32 years ago.”
He reportedly added: “In the history of McDonald’s, it was one of our proudest and most exciting milestones.
“After nearly half a century of Cold War animosity, the image of the Golden Arches shining above Pushkin Square heralded for many, on both sides of the Iron Curtain, the beginning of a new era.”
Everton are reportedly already hoping to sign Jack Grealish from Manchester City permanently
Danny Jones
Everton FC are reportedly already considering signing Jack Grealish on a permanent deal after an impressive start to his spell on loan from Manchester City.
The former Aston Villa talisman has struggled to remain in the starting XI under Pep Guardiola since joining the club in 2021, but since arriving on Merseyside, he’s already been a difference-maker in every match for the Toffees thus far.
Grealish has not only registered four assists in just two starts for Everton but also won the very first player of the month award in the Premier League this season for his contributions.
Safe to say he’s fast made a big impact over in Liverpool – hence why it is now thought that manager David Moyes wants to make his transfer permanent.
Becoming just the 10th Toffee to ever win the accolade, the Birmingham-born creator is now thought to be the primary transfer target, despite the summer window having only recently closed.
He writes that despite the deal between Everton and Man City already including a £50 million option to buy next summer, that number is “not fixed and is more a consequence of accounting than a set price.”
The England international still has two years on his contract in the blue half of Manchester, but the previous valuation (which is half the amount City paid for him in a then record fee for a British player), so it is believed that he could be signed for an even better cut-price offer as his deal runs down.
Put it this way, it looks like the supporters would do just about anything to keep him at the Hill Dickinson.
Jack Grealish giving his shirt to an Everton fan after their brilliant win away at Wolves today.
Bascombe goes on to explain, however, that his salary considerations could be a significant obstacle. Grealish is estimated to be earning approximately £12m a year, which is almost certainly too rich for Everton’s blood.
Taking that into account, it’d be a case of whether or not the Brummy forward would be willing to accept a much lower wage to depart the Etihad Stadium for Everton long-term; alternatively, waiting for him to become a free agent in a few transfer windows’ time would also be an option.
What about you, Blues: would you like to see Jack Grealish stay and fight for his place under Guardiola, or would you understand/support him making his Everton permanent?
Interestingly, there could be yet more shuffling of the pack in the middle of the park for Pep, as a forgotten man is apparently going to be given another chance to revive his City career…
Brand new venue confirmed as the host of The Manchester 24 Hour Run Against Homelessness
Danny Jones
The magnificent Manchester 24 Hour Run Against Homelessness is back this year, and with the 2025 event fast approaching, they have announced arguably their biggest host venue yet, setting up in camp in a brand new food and drink hall.
Having housed the incredible charity gathering from Freight Island last year, it was always going to take some beating this time around, but somehow they’ve managed to.
The annual relay run in aid of Greater Manchester’s homeless community will be taking place at none other than the city centre’s recently unveiled House of Social, with the building’s wider student living quarters serving as the perfect fit for the initiative first thought up by university friends back in 2018.
Announced this week, House of Social will be teaming up with the wider First Street neighbourhood to look after the hordes of incredible runners this year.
Jamie Hills, Development Director at Ask Real Estate – who operate the ever-growing First St complex – said of volunteering as this year’s hosts: “First Street is thrilled to welcome and fuel the incredible runners of The Manchester 24 Hour Run Against Homelessness.
“As the city’s hotspot for community events and culture, we’re proud to be a place where community thrives, so we’re incredibly excited to support this important initiative. With our fantastic on-site amenities like House of Social, we’re ready to keep those participating powered up and going strong!”
As for co-founder Tom Lewis, speaking to The Manc, he said: “We’re excited to return for our 7th edition, with Manchester being our flagship event.
“Through being hosted at House of Social in First Street, we’re hoping to make this year’s edition the best and biggest yet, aiming to raise £50,000 for the Greater Manchester Mayor’s Charity Scheme, ‘A Bed Every Night’.
“We’d love to see you all at the event, plus bring your friends and workplace to. There are paces for everyone, including walking laps.”
In November 2024, not only did the fundraising phenomenon mark its first-ever expansion with an inaugural event in Birmingham, but it also surpassed £50,000 here in Manchester alone, and is now set to make debuts in a trio of new cities.
Tom went on to add: “I couldn’t be more proud of what we’ve managed to accomplish as a team with starting up three more events across the country this year and expanding Manchester to a scale we couldn’t have dreamed of when we started out seven years ago.”
We here at The Manc Group have been helping The MCR 24 Run Against Homelessness for several years now, and have put in plenty of those 5k laps between ourselves, so you can bank on us being there to put in some more hard yards this November.
Even better still, we’ve already roped in our friends over at The Hoot to help out with the maiden 24 Hour Run Against Homelessness in Leeds, and we hope to see lots more of you chipping in across the North and beyond.
Here’s to helping rough sleepers find beds and get back on their feet all over the country.
The @mcr24hourrun is expanding in 2025 and is heading to Leeds for the first time. 🏃♂️
And they're not the only city making their debut this year either… 👊