Tolstykh was appointed to his role after an election in which he beat Russian Premier League chief Sergei Pryadkin.
Tolstykh replaces Sergei Fursenko, who quit after Russia’s disappointing Euro 2012 campaign.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.