u/UnscheduledCalendar

Submission statement: The article describes Abdul El-Sayed’s efforts to win over Black voters in Detroit and Wayne County. El-Sayed’s campaign is working to educate voters about his positions and experiences, particularly regarding his work in the community. The article also highlights the importance of political education and engagement in the Democratic Party.

Submission statement:

Chelsea shareholders Mark Walter and Todd Boehly are in talks to sell their stakes to majority owner Clearlake Capital. The potential deal aims to resolve tensions within the ownership group and comes amid regulatory scrutiny of Walter’s business empire.

Full text:

Chelsea shareholders Mark Walter and Todd Boehly in talks to sell their stakes to Clearlake

Negotiations come amid clashes over strategy and as Walter’s business empire faces scrutiny from regulators

Todd Boehly, left, and Mark Walter are part of the ownership group that acquired Chelsea FC from Roman Abramovich in 2022 for £2.5bn © Robbie Jay Barratt/AMA/Getty Images

US financiers Todd Boehly and Mark Walter are in talks to sell their stakes in Chelsea Football Club to majority owner Clearlake Capital, according to people briefed on the matter. 

Any deal would potentially help to resolve long-running tensions among the Premier League club’s ownership group, which acquired it for £2.5bn in 2022 when Russian oligarch Roman Abramovich was forced to sell in the wake of sanctions imposed on him following Russia’s full-scale invasion of Ukraine.

Since buying Chelsea, Boehly and Walter’s side of the consortium has clashed with Clearlake over strategy. While Clearlake owns more than 60 per cent of Chelsea, it shares joint control and equal governance of Chelsea FC with Boehly, who chairs the club. 

The talks come after years of on-and-off negotiations between the two sides, but it was not yet certain that a deal would be struck, the people said. 

The revived negotiations also come as Walter has sought to sell other high-profile assets as his business empire faces regulatory scrutiny.

US prosecutors are probing Walter’s insurance companies, which were the foundation for his swift rise on Wall Street, following disclosures that revealed insurers he controlled lent to related parties without disclosing links to those loans. The insurers are now rushing to sell their affiliated investments or pay down these loans.

Last week, Walter agreed to sell the Los Angeles Lakers for $12.5bn to former Disney chief Bob Iger and venture capitalist Joshua Kushner less than a year after he acquired the basketball team.

Spokespeople for Walter and Boehly did not immediately respond to requests for comment. Chelsea and Clearlake declined to comment.

This is a developing story

Submission statement: A voting rights lawsuit in Fayette County led to a settlement shifting the County Commission and school board from five at-large seats to four geographical districts and one at-large seat. This change, along with the election of Black officials like Rousseau and Daigre, marked a significant shift in representation. The legal battle, which lasted years and cost over $1 million, ended in 2016 with a settlement agreement.

paywall: https://archive.ph/IlBBV

Submission statement: Romer, a co-chair of the Democratic Socialists of America, defends some of the D.S.A.’s controversial positions: “I think people like us being rather bold. . . . People want a fighter.”

Paywall:

https://archive.ph/Ocgjh

Submission statement:

The Democratic Socialists of America (DSA) struggle to reach consensus on key issues, including electoral politics, endorsing candidates like Alexandria Ocasio-Cortez, and supporting pro-Israel candidates. The organization is divided into various caucuses, each with different priorities, leading to internal tensions and public disagreements. Despite these differences, members generally agree on their overarching goals.

This raises a LOT of eye brows in retrospect because given the hidden media war taking place, why haven’t more people followed up on the inside info Charlamagne seems to have had with Drake?

Submission statement: Krystal and Saagar speak to Kshama Sawant who is running for Congress against Dem incumbent Adam Smith.

submission statement: Abdul El-Sayed, a prominent advocate for Medicare-for-all, faces a challenge in reconciling his healthcare proposals with his wife’s private practice, which doesn’t accept Medicare. This highlights the broader issue of high healthcare costs in the US, driven by high provider rates, particularly for physicians. To achieve universal coverage, reformers must address these costs, potentially by reducing physician salaries, which is politically challenging due to public trust in doctors.

paywall: https://archive.ph/PFNwu

Submission statement:

What does a positive vision for the center-left look like? Can moderation still excite the Democratic base? Matt Yglesias, who writes the Slow Boring newsletter and hosts The Argument podcast, talks to Jon about his vision for the Democratic Party and why he believes more Democrats need to embrace heterodoxy. The two discuss how the policy debate could play out in the upcoming presidential primary, the role charisma and attention-getting play in politics, and which Democrats are best positioned to win in 2028.

Chapters:
0:00 Intro
1:40 Interview: Matt Yglesias
11:22 Ad Break
14:23 The Real Reason Moderate Democrats Struggle
33:49 Ad Break
36:30 Navigating ICE, Immigration, and Interest Groups
57:08 Ad Break
58:35 Shapiro, Rahm, and the Case for Making Room for New Voices
1:10:17 Who Could Win in 2028
1:13:53 Credits