Chelsea takeover: Ricketts family-led consortium withdraws bid to buy Premier League club

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Chelsea takeover: Ricketts family-led consortium withdraws bid to buy Premier League club
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The Chicago Cubs owners and their partners opted not to submit a final bid for the Blues, due to 'unusual dynamics around the sales process'

The Chicago Cubs owners and their partners opted not to submit a final bid for theTom and Laura Ricketts had partnered with US billionaires Ken Griffin and Dan Gilbert to place a cash-only offer and were one of theHowever, those plans have now come to an end, with members of the consortium understood to have been unable to agree on the final

details of the deal."The Ricketts-Griffin-Gilbert group has decided, after careful consideration, not to submit a final bid for Chelsea FC," a Ricketts family statement said."In the process of finalising the proposal, it became increasingly clear that certain issues could not be addressed given the unusual dynamics around the sales process.More on Football

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