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Young and the Restless spoilers reveal Victor Newman (Eric Braeden) and Adam Newman (Mark Grossman) face a major setback as Phyllis Summers (Michelle Stafford) successfully takes over their three primary companies. The Newman family finds themselves in a tight spot as they struggle to regain control.

Y&R spoilers suggest Victor and Adam suspect Phyllis' involvement in Cane Ashby's (Billy Flynn) sudden unconscious state, and subsequently, the takeover of their businesses. Unbeknownst to them, Phyllis is orchestrating the whole scenario from Victor's former office, redistributing Newman Enterprises, Newman Media, and Chancellor to herself, Sally Spectra (Courtney Hope), and Billy Abbott (Jason Thompson) respectively.

Spoilers for Young and Restless hint that Victoria Newman (Amelia Heinle), on learning about the takeover, threatens Phyllis and Billy about their children. Despite the threats, Billy appears to hold onto Chancellor. Interestingly, Phyllis hands Newman Media to Sally, leaving Adam and Chelsea Lawson Newman (Melissa Claire Egan) jobless. Sally, however, seems displeased with the unexpected responsibility and might offer it back to Adam under certain conditions.

Young and Restless spoilers indicate that with the return of Lily Winters (Christel Khalil) to Genoa City in a few weeks, Victor will have to face the music for failing to keep his promise of giving her Chancellor. Nikki Newman's (Melody Thomas Scott) discovery of Victor's secret promises could potentially strain their marriage.

More Y&R spoilers offer the notion that Victor may blame the entire debacle on Phyllis, but Nikki might hold him accountable for the predicament. The episode concludes with an elated Phyllis sitting on Victor's throne, a sight his children dread might trigger a health crisis for him. Meanwhile, Cane recovers from his chloroformed state and learns about Victor's bluff concerning Lily and the twins. He might find solace in the turmoil facing Victor and Adam, potentially paving the way for him to join forces with Phyllis.

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