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Melnyk, confident billionaire with Ukrainian roots, takes on Putin

Mark Rachkevych Author: Mark Rachkevych All articles by this author

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Jun. 07, 2014 06:32
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Eugene Melnyk gives Ottawa Senators clothing to orphans he supports at a camp in Vorokhta in Ivano-Frankivsk Oblast. The gifts are organized by Help Us Help the Children, a charity established in Canada. One of four children born to Ukrainian parents from Chernivtsi Oblast, Melnyk tries to visit Ukraine annually at least and calls it “a beautiful country, with Kyiv at the cusp of being a world-class city.” Ironically, Melnyk’s maternal grandfather was the president of an industrial soccer league in Toronto when he was growing up. He thinks Ukraine’s biggest mistake was to give up its nuclear arsenal in 1994. If Ukraine still had the weapons, said Melnyk, “nobody would invade it right now. I would know where to point them.”
Photo by Courtesy

Eugene Melnyk, the billionaire owner of the Ottawa Senators NHL hockey team, wants to hit Russia, the 2018 World Cup host, and FIFA, the tournament’s administering organization, where it hurts: in their pocketbooks.

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