Chicago Cubs owners the Ricketts family have confirmed they are leading a consortium that will bid to buy English Premier League club Chelsea, according to press reports on Wednesday.

New York merchant bank Raine Group has set a Friday deadline for bids, with Roman Abramovich’s trophy-filled 19-year tenure as owner of the Stamford Bridge club coming to a close.

“The Ricketts family, owners of (Major League Baseball team) the Chicago Cubs, can confirm they will be leading an investment group that will make a formal bid for Chelsea Football Club this Friday,” according to widely reported statement.

 

Continue reading this article on Sports Desk, the new sports website by Times of Malta

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.