Sanctions May Trip Up Concerts By Miley Cyrus, Justin Timberlake in Finland

Miley Cyrus performs onstage during her 'Bangerz' tour at Rogers Arena on February 14, 2014 in Vancouver, Canada.

Kevin Mazur/WireImage

U.S. sanctions against close allies of Russian President Vladimir Putin are putting concerts by American artists at Finland's largest concert venue at risk. In the coming months, tours from Miley Cyrus and Justin Timberlake are scheduled to stop at Helsinki's Hartwall Arena, which is owned by Russia oil trader Gannady Timchenko and brothers Boris and Arkady Rotenberg.

As Reuters reports, all three men have had their visas revoked and assets frozen by the United States as part of sanctions put in place following Russia's annexation of Crimea in Ukraine.

Concert promoter LiveNation Finland told Reuters they are in discussions with U.S. authorities on whether sanctions against the Russians would affect upcoming concerts by American artists. "If it does, then we will need to come up with a different solution. But I believe that the problem will be solved and the concerts will be held," LiveNation Finland chief Nina Castren said.

The schedule for Hartwall Arena lists at least four U.S.-based acts that have events in the near future, including Nine Inch Nails on May 8, Justin Timberlake on May 12, Aerosmith on May 30, and Miley Cyrus on June 1.

Timchenko and the Rotenberg's company in Finland, Arena Event Oy, purchased a stake in the arena last year.

The White House announced the sanctions on May 17, saying they would "seek to hold accountable individuals who use their resources or influence to support or act on behalf of senior Russian government officials." Timchenko and the Rotenberg's were added to the list of individuals three days later.