Ken Griffin, billionaire hedge fund proprietor, to hitch Chicago Cubs house owners in Chelsea bid

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Ahmed mentioned Griffin’s bid is a person one and has nothing to do with the hedge fund enterprise.

“The Ricketts Household, house owners of the Chicago Cubs, can affirm they are going to be main an funding group that can make a proper bid for Chelsea Soccer Membership this Friday,” the Ricketts Household mentioned in a press release to CNN.

“As long-time operators of an iconic skilled sports activities staff, the Ricketts Household and their companions perceive the significance of investing for achievement on the pitch, whereas respecting the traditions of the membership, the followers and the group.

“We sit up for sharing additional particulars of our plans in the end.”

Griffin is part of a consortium bidding to buy English Premier League side Chelsea.
Earlier this month, Chelsea proprietor and Russian oligarch Roman Abramovich introduced he deliberate to promote the membership in one of the best pursuits of “the followers, the workers, in addition to the Membership’s sponsors and companions.” This got here after he declared he gave “stewardship” of Chelsea to trustees of the membership’s charitable basis.

On Tuesday, the European Union positioned Abramovich on the checklist of sanctioned people, whereas the UK authorities sanctioned him final week as a part of its efforts to “isolate” Russian President Vladimir Putin following his nation’s invasion of Ukraine.

In mild of the sanctions, Chelsea has been granted a particular license by the UK to proceed to play fixtures, however sure actions will not be permitted, together with the sale of tickets for video games past these already bought to followers.

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