Sports

Chicago Cubs owners end interest in buying Chelsea


by: ROB HARRIS, Associated Press

Post :

Update:

The owners of the Chicago Cubs have decided to end their interest in buying Chelsea, leaving three offers remaining.

The decision was announced after the bid deadline for the Premier League club which is being sold by sanctioned Russian owner Roman Abramovich.

The offer was led by Cubs president Tom Ricketts.

“The Ricketts-Griffin-Gilbert group have decided, after careful consideration, not to submit a final offer for Chelsea FC,” the group said in a statement. “During the process of finalizing their proposal, it became increasingly clear that some issues could not be resolved given the unusual dynamics surrounding the sales process. We have great admiration for Chelsea and their fans, and we wish the new owners the best of luck. »

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