The Ricketts Family have confirmed they have withdrawn their offer to purchase Chelsea Football Club. The controversial investors are no longer in the run-in to buy the club after mass protests regarding the possibility of them taking over.
The family released a statement to PA Sport: "The Ricketts-Griffin-Gilbert group has decided, after careful consideration, not to submit a final bid for Chelsea FC. 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.
"We have great admiration for Chelsea FC and its fans, and we wish the new owners well."
