Cryptic crossword clue
One wrestles with Chancellor taking risks regularly 7

The most common and most likely answer to this crossword clue is the 7 letter word RIKISHI

R
I
K
I
S
H
I

Buddy explains!

The straight part
We know that "One wrestles" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case one wrestles = rikishi.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does RIKISHI mean?

RIKISHI noun
  1. A sumo wrestler.

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