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participants, not of Rogers News. Chelsea Football Club finds a generous buyer.

The U.S. Fed spreads the misery.

Welcome back to the views room.

I'm your host, Amy Donnellan, a columnist of breaking views coming to you from London.

Roman Abramovich, the sanctioned Russian billionaire and owner of Chelsea Football Club, has found a buyer for his club.

Late last week, he agreed to sell the West London team to a US consortium for 2.5 billion pounds.

He had no shortage of interest. Former Chelsea soccer player John Terry

and Formula One dryer Lewis Hamilton submitted bids. But in the end, a group led by Todd Bolly,

co-owner of the Los Angeles Dodgers, won out. With so much interest, the club didn't come

cheap, and replicating the profitability of the profitability of the US baseball team will be tricky.

After all, Chelsea needs a new stadium and investment to stay competitive.

Meanwhile, it was a dire week for the US stock market and Fed Chief Jerome Powell has few appealing options.

Surging inflation is likely to hit the poorest households hardest as they spend the bulk of their take-home pay on food, fuel and shelter.

All of these are soaring. The rich are also getting stung by a falling stock market as investors fret by the pace of interest rate rises and what they might do to economic growth.

First up, I chat to Liam Proud in London about a chunky

bid for Chelsea Football Club and the spending plans of the new owners. Next, I speak to Swaha

Britannic in London about US inflation and how it has put Fed boss Jerome Powell between a rock

and a hard place. Roman Abramovich, the sanctioned Russian owner of Chelsea Football Club, has found a buyer for the club.

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