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Is Chelsea F.C. about to run out of cash? The banks suspend credit

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With the sudden exit of Russian billionaire Roman Abramovich, banks are nervous as to what the future holds for the famous club

Chelsea officials are in talks with the UK government to discuss how the club can continue to pay staff, operate Stamford Bridge on match days and ensure the club can be sold.

The UK government have given the green light for Chelsea to be sold as the sale process is set to resume despite Roman Abramovich being sanctioned.

The UK government have given the green light for Chelsea to be sold
The UK government have given the green light for Chelsea to be sold

However, there have not yet been any formal bids made to buy the club from Abramovich.

It remains to be seen as to who will be the next owner of the club following Abramovich but Chelsea will be keen to get a deal done swiftly.

UK gives sale go-ahead

Billionaires interested in buying Chelsea Football Club have been told to approach the UK government with potential takeover proposals.

Abramovich was one of seven Russians with close links to Vladimir Putin that the government added to the sanctions list in a move designed to dramatically increase pressure on the Kremlin.

Chris Philp, the digital and technology minister, says Abramovich will be prevented from selling the club but potential buyers could approach the government with proposals to buy the club as long as the Russian oligarch would not benefit from the deal.

“As the licence conditions are written today, the sale would not be allowed,” Philp told Sky News.

“However, if a buyer emerged it would be open to that buyer or to that football club to approach the government and ask for the conditions to be varied in a way that allows that sale to take place.

“To be clear, no proposal would be accepted which saw the proceeds from any sale ending in an unrestricted bank account owned by Abramovich. He can’t benefit from the proceeds of any sale.”

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Commodities surge as oil volatility and metals hit record highs

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

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Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.

Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.

To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.

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#Commodities #OilPrices #Gold #Metals #MarketVolatility #Geopolitics #Investing #TickerNews


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Stocks slide and Trump cancels talks: What’s next for markets and Greenland?

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

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U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.


U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.

Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.

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#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics


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U.S. budget deficit falls to $1.67 trillion

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

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US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.


The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.

David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.

We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.

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#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews


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