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Chelsea plunged into crisis as UK imposes sanctions on Roman Abramovich

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Chelsea plunged into crisis as UK imposes sanctions on Roman Abramovich

Chelsea Soccer Membership has been plunged into disaster after the UK levelled sanctions towards its proprietor Roman Abramovich, placing its sale on maintain, proscribing attendance at matches and jeopardising sponsorship offers.

The UK authorities on Thursday imposed an asset freeze on the Russian billionaire, blocking him from promoting the English Premier League membership he has owned since 2003.

Chelsea, holders of the Uefa Champions League and Fifa Membership World Cup, two of essentially the most prestigious titles in membership soccer, is now topic to a variety of restrictions designed to forestall Abramovich from benefiting from his possession of the membership.

The sanctions spotlight the dangers related to the rise of politically related billionaire house owners in English soccer whereas elevating questions on Abramovich’s legacy at Chelsea, the place many followers reward him for bankrolling the workforce’s success over 20 years.

“What occurs post-Abramovich ought to have been on folks’s minds,” stated one senior soccer government. “The large downside with the benefactor mannequin is what occurs afterwards.”

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The federal government’s transfer towards Abramovich imposes heavy restrictions on Chelsea, prohibiting any new revenue-raising exercise and forcing it to freeze any funds it receives, together with broadcast income and cash from competing within the home league and European competitions.

Solely funds which can be important to the operation of the membership are permitted. The membership’s bodily and on-line shops can not function, whereas the sale of merchandise equivalent to reproduction shirts is barely permitted by third events which have already acquired inventory.

Telecoms group Three, the Premier League facet’s most important shirt sponsor in a deal that runs till 2023, is reviewing its contract as a result of it’s not in a position to make common funds to Chelsea, based on folks briefed on the matter.

Three is contemplating the influence to its status from any continued affiliation with the workforce and is prone to ask for the brand to be faraway from the membership’s shirts for the rest of the contract, the folks stated.

Though Chelsea can proceed paying gamers, different employees and payments, it can not pay charges or dividends to Abramovich, whereas a authorities official confirmed that he’s unable to promote the membership “at the moment”.

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The official stated the federal government “would take into account an utility for a licence” to promote the membership however that Abramovich wouldn’t be allowed to profit from the sale whereas he’s underneath sanctions.

Below the present licence the switch or mortgage of gamers out and in of the membership isn’t permitted.

The deliberate sale of Chelsea had attracted the curiosity of high-profile billionaires together with former Apollo International Administration co-founder Josh Harris, co-owner of the Los Angeles Dodgers baseball workforce Todd Boehly and a consortium led by the Ricketts household, which owns the Chicago Cubs baseball facet.

Abramovich had tasked Joe Ravitch, co-founder of US boutique service provider financial institution Raine, with dealing with the sale course of.

“It’s unprecedented,” stated an government at a rival membership, warning that Chelsea could lose gamers who’re out of contract in the summertime if the possession issues can’t be resolved. “The larger points should be existential reasonably than operational.”

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The federal government has additionally put a restrict of £20,000 a recreation on how a lot Chelsea can spend on journey to and from fixtures.

Abramovich’s Fordstam entity, via which he owns Chelsea, has virtually £1.5bn in debt within the type of loans from the billionaire, though he has beforehand stated he wouldn’t search to be repaid.

Chelsea stated it deliberate to method the federal government to debate the scope of the licence that enables it to proceed working, and would search “permission for the licence to be amended to ensure that the membership to function as regular as potential”.

Each Chelsea and the Premier League stated the membership’s fixture towards Norwich on Thursday would go forward.

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Revolutionary Guard commanders vow response to Israel attack on Iran

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Revolutionary Guard commanders vow response to Israel attack on Iran

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The top commander of Iran’s elite Revolutionary Guards issued a stark warning to Israel on Thursday, vowing that Tehran would deliver a harsh response to last week’s Israeli strikes on the Islamic republic.

Major General Hossein Salami, the head of the guards corps, warned in a speech that Iran’s retaliation would be “unimaginable” as Iranian officials stepped up their rhetoric against Israel.

“Israelis think they can launch a couple of missiles and change history,” he said. “You have not forgotten . . . how Iranian missiles opened up the sky . . . and made you sleepless.”

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Separately his deputy, Brigadier General Ali Fadavi, told Al Mayadeen, a Lebanese television channel close to Iran, that a response would be “inevitable”. In more than 40 years, “we have not left any aggression without a response”, he said.

The belligerent comments came as the Islamic regime weighs its options following Israel’s attack on Saturday, during which Israeli war planes launched three waves of strikes at Iranian military installations. The targets included missile factories and air defence systems in three provinces, including Tehran.

Regime insiders told the Financial Times that the options being considered include a possible strike before next week’s US presidential election, or Iran’s leaders could decide to hold off for now.

“The winner of the US election could take an Iranian attack personally and act against Iran. So, if Iran wants to respond to Israel, the best time is before the US election,” one insider said. “The only thing that could change this would be a fair breakthrough in ceasefire talks between [Hizbollah in] Lebanon and Israel which does not seem very likely.”

The US has this week stepped up efforts to broker a deal to end the conflict that has lasted more than a year between Israel and Hizbollah, Iran’s most important proxy.

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But there was little optimism of a breakthrough as Israeli Prime Minister Benjamin Netanyahu insisted Israel retain the right to unilaterally enforce any agreement that would lead to Hizbollah withdrawing from southern Lebanon.

Another Iranian insider indicated Tehran might opt to maintain psychological pressure on Israel rather than launch a direct assault.

“With Hizbollah launching tens of rockets into Israel daily in a legitimate war, a direct response may not be necessary right now,” the insider said. “What benefits us is not a direct war with Israel. We need to keep the level of people’s stress low so that they can live their lives. This is the top priority.”

But an Iranian analyst said the dilemma for Tehran was “that Israel would take any delay in Iran’s response as a sign of weakness and would feel emboldened”.

Iran’s initial reaction to Israel’s strikes — which were in retaliation for an Iranian missile barrage fired at the Jewish state on October 1 — suggested that Tehran’s response would be measured and not immediate, Iranian analysts said.

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Speaking on Sunday, a day after Israel’s attack, Ayatollah Ali Khamenei, the country’s supreme leader and ultimate decision maker, refrained from vowing to retaliate.

Instead, he said the strikes should neither be “overestimated or underestimated”. Iranian state media played down the impact of the attack, which killed four soldiers and a civilian, saying the damage was limited.

But Tehran has shown a willingness to risk an escalation with Israel as regional hostilities triggered by Hamas’s October 7 2023 attack have spread across the Middle East, thrusting Iran’s years-long shadow war with its regional enemy into the open.

In April, it fired more than 300 drones and missiles at Israel in a clearly telegraphed retaliation for an Israeli strike on the republic’s embassy compound in Syria, which killed several senior guards commanders.

It gave little notice before launching 180 ballistic missiles at Israel on October 1, a more severe attack that was in response to the Israeli assassination of Hassan Nasrallah, Hizbollah’s leader and a close confidant of Khamenei.

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“Only a shock can stop Israel from its aggressions and free the region from the current stalemate,” the first regime insider said. “Iran might even go for a big bang and do something totally outside Israelis’ calculations as there is no other way to stop it.”

The US, which has pledged an “ironclad” commitment to the defence of Israel, has warned Iran not to retaliate as western nations have sought to contain the crisis amid heightened fears of all-out war.

“We will not hesitate to act in self defence. Let there be no confusion. The United States does not want to see further escalation,” Linda Thomas-Greenfield, the US ambassador to the UN, said this week.

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Harris says Trump 'devalues' women's ability to make their own choices

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Harris says Trump 'devalues' women's ability to make their own choices

PHOENIX — Vice President Kamala Harris said Thursday that former President Donald Trump’s remarks this week about protecting women whether they “like it or not” is another sign of how he “devalues” women.

“His latest comment is just the most recent in a series of examples that we have seen from him in his words and deeds about how he devalues the ability of women to have the choice and the freedom to make decisions about their own body,” Harris told NBC News in an exclusive interview.

The vice president also argued that most Americans “believe that women are intelligent enough and should have and be respected for their agency to make decisions for themselves about what is in their best interest,” rather than the government or Trump “telling them what to do.”

The Trump campaign did not immediately provide a comment on Harris’ remarks.

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Trump on Wednesday said that his “people” had instructed him not to say that he wanted to “protect the women.”

“I said, ‘Well, I’m going to do it, whether the women like it or not.’ I’m going to protect them,” Trump said during his rally in Green Bay, Wisconsin.

In an interview on NBC News’ “Meet the Press NOW,” Trump campaign spokesperson Karoline Leavitt was asked if she can see how Trump’s comments about doing something “whether the women like it or not” might make women uncomfortable.

“No, I can’t. Because if you look at the full context of President Trump’s remarks, he brought this up in the context of illegal immigration and protecting women from the illegal immigrant criminals,” Leavitt said Thursday.

Harris on Thursday also talked about President Joe Biden’s “garbage” remark from earlier this week, in which he appeared to criticize either Trump supporters or a comedian who delivered racist jokes at Trump’s rally in New York, and reiterated her view that “we should never criticize people based on who they vote for.”

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In addressing Biden’s comments, Harris pointed to Trump’s rhetoric about “the enemy from within” and comparing the U.S. to a “garbage can.”

“He does not understand that most people are exhausted with his rhetoric, exhausted with that approach, exhausted with an approach that Donald Trump has that’s trying to divide our country and have Americans point fingers at each other,” she said. “They’re done with it, and they’re ready to turn the page.”

Harris’ comments came before her rally in Phoenix. Her next campaign stops on Thursday are in Nevada, where she will hold rallies in Reno and Las Vegas.

The Sun Belt blitz comes as polling indicates a neck-and-neck presidential race less than a week before Election Day.

When asked by NBC News what Harris thinks her late mother would say to her in the final days before the election, Harris smiled.

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“‘Just go beat him,’” she said, laughing. “That’s probably what she’d say. Yeah, that’s my mother.”

Yamiche Alcindor reported from Phoenix, and Megan Lebowitz from Washington, D.C.

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Election 2024 Polls: Senate Races

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Election 2024 Polls: Senate Races

About our polling averages

Our averages include polls collected by The New York Times and by FiveThirtyEight. The estimates adjust for a variety of factors, including the recency and sample size of a poll, whether a poll represents likely voters, and whether other polls have shifted since a poll was conducted.

We also evaluate whether each pollster: Has a track record of accuracy in recent electionsIs a member of a professional polling organizationConducts probability-based sampling

These elements factor into how much weight each poll gets in the average. And we consider pollsters that meet at least two of the three criteria to be “select pollsters,” so long as they are conducting polls for nonpartisan sponsors. Read more about our methodology.

The Times conducts its own national and state polls in partnership with Siena College. Those polls are included in the averages. Follow Times/Siena polling here.

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Maine and Nebraska award two electoral votes to the statewide winner and a single electoral vote to the winner of each congressional district. (Maine has two congressional districts, and Nebraska has three.) Historical election results for these districts are calculated based on votes cast within the current boundaries of the district.

Sources: Polling averages by The New York Times. Individual polls collected by FiveThirtyEight and The Times.

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