TRUMP ANNOUNCES HAMAS DISARMAMENT AND ISRAELI TROOP WITHDRAWAL AGREEMENT UNDER GAZA CEASEFIRE PLAN. (PHOTO).

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 Trump announces Hamas disarmament and Israeli troop withdrawal agreement under Gaza ceasefire plan   President Donald Trump announced Thursday that Hamas has agreed to a plan to disarm and that Israel will withdraw its forces from Gaza as part of a U.S.-backed ceasefire framework. Trump described the agreement as a major step toward creating a new Palestinian government in Gaza that would work with the newly established Board of Peace to oversee the next stages of the plan. The president said the agreement would also provide Israel with increased security by preventing Gaza from being used as a launching point for future attacks. Details of the agreement were limited, and neither Israel nor Hamas immediately released statements responding to Trump’s announcement. The Board of Peace said Hamas had agreed to a roadmap for moving forward with the next phases of the ceasefire after months of negotiations. The group said the plan includes Hamas giving up its weapons, followed by a...

CHELSEA CONFIRM TALKS WITH UEFA OVER FINANCES. (PHOTO).


 

Chelsea confirm talks with Uefa over finances


Chelsea have confirmed they are in talks with Uefa over their financial sustainability following a potential breach of the governing body's Financial Fair Play rules. The Blues are in talks with Uefa over a settlement relating to their financial results for the year ending June 2024, where the club posted a pre-tax profit of £128.4m, their first since Todd Boehly's Clearlake Capital consortium took ownership of the club.


That figure includes their £200m valuation of their highly successful women's team in a "repositioning" as a separate business from the men's team in a deal with parent company BlueCo at the end of the season. The £200m valuation, which would be a record for a women's team, is yet to be approved by Uefa or the Premier League. On Saturday morning, Chelsea released their detailed accounts which stated the club "has entered into discussions with Uefa regarding mitigating factors affecting their regulatory submissions".


Uefa's laws prohibit any associated party transactions, therefore meaning money generated from selling the women's team would not be included in their Financial Fair Play figures. It would also prohibit the club including the sales of two hotels to a sister company that were used to comply with the Premier League's profit and sustainability rules (PSR) last season. In last season's accounts, the sales of Chelsea's Copthorne and Millenium hotels were valued at £76.3m by the club. Following the Premier League's assessment, the value of the two hotels was reduced by £6m.


Over a three-year period, clubs competing in European competitions are permitted a total loss of €200m (£170.1m) by Uefa. During the 2023/24 season, Chelsea spent £553m on player purchases and generated £208m of income via player sales.

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