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Russian oligarch gives up football giant Chelsea

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Russian billionaire Roman Abramovich has handed “stewardship” of the football club to the trustees of its charitable foundation.

One of the most powerful and controversial figures in football, Abramovich has owned the English Premier League giant since 2003.

He transformed English football when he ploughed money into the club, making it instantly a European powerhouse.

But he has come under pressure to step back from the club following Russia’s invasion of Ukraine, and new sanctions placed on Russia by the British government.

In a bombshell statement, it was announced the 55-year-old is handing over the “stewardship and care” of the team to the trustees of its charitable foundation.

In a statement he said:

During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the Club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities. I have always taken decisions with the Club’s best interest at heart. I remain committed to these values. 

Roman Abramovich

That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC. I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans.” 

Roman Abramovich

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.

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Technological terror: China reveals uncanny AI romance film

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As competition intensifies in the streaming landscape, with players like Roku, Vizio, and Samsung launching their ad-supported platforms, TCL aims to carve its niche by offering compelling original content.

TCL, the renowned Chinese smart-TV manufacturer, announces its innovative use of generative artificial intelligence to produce original content for its streaming platform, TCLtvPlus.

Debuting this summer, “Next Stop Paris,” an AI-driven love story, marks the inaugural program from TCLtvPlus Studios

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Grindr application cruises into court over privacy concerns

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Grindr faces lawsuit over alleged privacy breaches

Grindr, the popular gay dating app, is under fire in London as hundreds of users claim their private information, including HIV status, was shared without consent. The lawsuit alleges commercial use of sensitive data, sparking concern within the LGBTQ+ community. Grindr vows to defend its practices while emphasising its commitment to user privacy and compliance with data regulations.

 

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The TikTok ban was just passed by the House. What could happen next?

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Washington D.C. has been under pressure to ban the popular Chinese-owned social media app TikTok.

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the U.S.

Calls are growing louder from many lawmakers and national security hawks to ban TikTok, over fears the app could censure content, influence users, and give Americans’ personal data to Beijing.

But the Chinese tech company, ByteDance—which owns TikTok— denies the allegations.

Dave Levinthal, the Editor-in-Chief of Raw Story joins Veronica Dudo to discuss.

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