Chicago Cubs owner Thomas Ricketts and billionaire hedge fund tycoon Ken Griffin form rival consortium to buy Chelsea

CHICAGO CUBS owner Thomas Ricketts is a part of a consortium that has thrown its hat into the ring to buy Chelsea.

The Ricketts household, who personal the Illinois-based baseball workforce, have linked up with billionaire hedge fund tycoon Ken Griffin to put collectively an funding group which can purpose to take over from Roman Abramovich.

An official announcement in regards to the bid is ready to be launched later right now.

On Wednesday, a spokesman for the consortium informed Sky News: “The Ricketts Family, house owners of the Chicago Cubs, can verify they are going to be main an funding group that can make a proper bid for Chelsea Football Club this Friday.

“As long-time operators of an iconic skilled sports activities workforce, the Ricketts Family and their companions perceive the significance of investing for fulfillment on the pitch, whereas respecting the traditions of the membership, the followers and the neighborhood.

“We look forward to sharing further details of our plans in due course.”

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The transfer comes after it was reported that boyhood Chelsea fan Nick Candy is exploring the potential for forming a brilliant consortium to take over the membership.

Candy may be a part of forces with fellow events Todd Boehly, Jonathan Goldstein and Hansjorg Wyss – with a mixed internet price of greater than £9.3BILLION.

Former Liverpool and British Airways chairman Sir Martin Broughton, who’s additionally a Chelsea fan, has been spoken to as effectively.

The businessman has promised Chelsea followers a seat on its board if he’s profitable in his makes an attempt to buy the west London facet.

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The European champions have been put up on the market simply earlier than Russian owner Roman Abramovich was sanctioned by the UK authorities.

Abramovich had his property frozen, which has closely affected Chelsea.

The Blues are unable to promote residence or away match tickets, in addition to membership merchandise.

Players can’t be purchased, bought or have their contracts renewed – that means they may lose Antonio Rudiger, Andreas Christensen and Cesar Azpilicueta on the finish of the season.