Young and the Restless: Lily & Cane’s Power Grab Enrages Major Rival!

Young and the Restless is about to see some major fallout from Lily Winters (Christel Khalil) getting her hands on Chancellor and handing it to Cane Ashby (Billy Flynn) to run. This is about to infuriate some big and powerful people in Genoa City. And of course, Victor Newman (Eric Braeden) didn’t give anybody a heads up that he was handing it over and now there’s going to be heck to pay.

Y&R: Lily’s Shocking Chancellor Ownership

First off, I have say I was stunned that Lily actually wound up with Chancellor. Remember that was the deal she made with Victor. If she and her twins pretended to be kidnapped to force Cane to back down, then she would get Chancellor. And if you dial it back before that, you might remember this. Victor made that deal to give Chancellor to Lily. This was even before he tossed Nikki Newman (Melody Thomas Scott) out of the house.

And Victor had been lying to Nikki and everybody else in the family about Chancellor before and since. All the Newmans were certain that Chancellor was going to be back in their hands once they got Newman Enterprises back from Phyllis Summers (Michelle Stafford).

They thought it was all coming back. And then once Victor tossed Nikki out, she told Claire Grace Newman (Hayley Erin) she didn’t think she would be running Chancellor ever again, even when they got it back. But at that point, Nikki and the other Newmans all thought it would still be back under the family control. She just thought because of her split with Victor that Nikki wasn’t going to be in charge.

Young and the Restless: Victor Makes Good on His Promise

So this past Friday, Victor summoned Lily over to the new ranch and did the documents, delivered Chancellor to her as promised. And if you recall, she had asked Victor about it since he got Chancellor back first. But he put Lily off and Victor said he couldn’t give it to her until he got Newman Enterprises back because till then he needed it. And I’m sure Lily thought Victor would back out of the deal.

So, after he did officially sign it over to Lily, of course, we know Victor still didn’t tell everybody. Nick Newman (Joshua Morrow) knows because he was there in the room when Victor gave it to Lily. And Nick was super upset, saying this would kill Nikki.

Y&R: Victoria’s Fury and the Newman Family Fallout

More importantly, Victoria Newman (Amelia Heinle) has been running Chancellor and Victor didn’t tell his daughter. And Victoria found out in the worst possible way when Lily gloated about it. She told Victoria, “I guess Victor didn’t tell you.” this happens at the Shadow Room launch. Then Victoria is griping that she’ll run to her dad. And Victoria said, “It can’t be true because Victor wouldn’t have done it without telling her because she’s been running it.” And Victoria told Lily, “Don’t get comfortable. That company belongs to my mom.” And she insisted Victor will reconsider.

But Lily clapped back, “Oh no, it’s a done deal.” And then Victoria had the bravado to say, “You would do that to my mother?” And Lily laughed right in Victoria’s face and asked, “Do you know what your mother did to me?” I remember Nikki and Victor both lied to Lily right in her face over a period of months and screwed her on Chancellor when she’s the one who helped them buy it out and promised she’d be running it.

And then Victoria actually tried to offer her something else in place of Chancellor. Lily said no, she’s got big plans. Told Victoria Nikki can find something else to do. She’s going to be in a health crisis. She didn’t have time for this anyway. But I also thought it was funny because Lily gave her the bye-bye and then just walked off. So, I’m sure Victoria is going to go tear into Victor. He’s not going to listen. But I think what will get his attention is that Lily gave it to Cane to run.

Y&R: Cane’s New Role and Victor’s Reaction

That hasn’t been spread around a lot yet, but it’s going to become common knowledge very soon. Lily is still the owner, but I think Victor is going to be furious that Cane is in charge of it. But if the papers are signed, Victor’s going to have to kick rocks, which I think is pretty funny.

Adam Newman (Mark Grossman) will obviously side with whatever Victor says. And plus, Adam really doesn’t have skin in the game. You know, Nikki’s not his mom. So, Nick is annoyed. And Victoria is outraged. And I don’t know if Nikki herself will be annoyed for a couple of reasons. First, she’s given up on the idea of running Chancellor because she’s estranged from Victor. And second, she has this health crisis coming. So Victoria is probably going to be a lot angrier than her mom.

Y&R: Billy Abbott’s Opposition to the Deal

But another huge negative reaction is going to come from an enemy of the Newmans, Billy Abbott (Jason Thompson). We know how badly he has always wanted Chancellor. He’s been on fire ever since his mom Jill Abbott (Lauren Coslo) sold Chancellor to Victor snatched it right out from under Billy.

We know that Lauren Coslo is going to be playing recast Jill for five episodes of Young and the Restless in just a couple of weeks right as July Sweeps kicks off. So, it might tie back to some of this Chancellor stuff. I do think Billy will be glad that Victor no longer owns Chancellor and it’s out of Newman hands, but he might be bothered that Lily owns it. You know, maybe, maybe not.

But I definitely could see Billy being irritated that his sort of brother Cane is running it. Now, I fully expect for Holden Novak (Nathan Owens) to wind up working for Lily and Cane at Chancellor. And I think from there, other powerful people like Devon Hamilton (Bryton James) and Nate Hastings (Sean Dominic) are going to be on fire. They are probably going to complain and make accusations about Holden trying to cash in on being Lily’s brother. But I bet that she’s going to tell Devon and Nate to stow it. She wants Cane and Holden both in her life.

Y&R: Billy’s Potential Countermove

But if Billy turns around and asks Cane to hire him at Chancellor, that’s where Lily’s probably going to draw the line because Billy’s been such a colossal jerk to Lily. And of course, Billy and Lily have been at it since she was involved with the deal for Jill to sell it to Victor. So, if Cane’s at Chancellor and Billy can’t be, we might see him ranting and whining about it. And I’m sure that Billy will complain to Sally Spectra (Courtney Hope) about all this.

Plus, there’s a June spoiler that says Billy finds out a powerful piece of information and it makes him go after something he desperately wants and Cane and Lily are working together to stop him. So, I wonder if Billy finds out why Victor gave Lily to Chancellor. If Billy finds out that Lily faked her kidnapping to dupe Cane because Victor promised her Chancellor, you know, Billy might be able to use that against them, especially if Jill comes to town and gets involved.

Young and the Restless: What will Jill Do?

You know, maybe there’s some way for Billy to bring this to the attention of law enforcement, like Federal Trade Commission or something. Or maybe Jill sides with Billy and against Victor. I’m sure Jill won’t like that Victor was tormenting Cane with a fake kidnapping. We know Jill adores Cane. So, you know, we’ll see.

Jill may think Lily doesn’t deserve Chancellor, and neither does Victor once she really finds out what went on because she really wasn’t listening before. So maybe Jill can go back and claim fraud on her initial deal with Victor since Jill was grossly lied to and misled by both Lily and Victor so that she would think the worst of Billy and be willing to snatch it out from under him.

Y&R: The Battle Ahead for Chancellor

But clearly whatever happens, Lily and Cane are going to be working together to thwart Billy. And in the end at this point, I’d almost like to see Billy get it just to infuriate Victor. If not, I’m happy with Lily having it, just as long as Victoria doesn’t have it. Although, I do think that Victor is already going to be furious once he finds out Lily is going to have Cane running it.

He might even come and try to make some threats about it. And with Victor targeting Cane, using his new pet, Matt Clark (Roger Howarth), to do it, we could see Victor also having him take aim at Lily for her getting close to Cane again and daring to let him run Chancellor. However, Lily’s new outlook on Cane is understandable since he just saved her biological father Malcolm Winters’ (Shemar Moore) life. We’ll see, but things are going to get explosive all over Genoa City once word spreads about Chancellor changing hands again and who is running it.