The owners of the Chicago Cubs have confirmed they have launched a bid to buy Chelsea.
The Ricketts family, owners of the iconic baseball team, have teamed up with billionaire hedge fund tycoon Ken Griffin as part of a consortium. US bankers Raine have set a deadline of Friday for potential owners when they will choose a preferred bidder to take over from Roman Abramovich.
It is understood there are up to six serious bidders on the table to buy out Abramovich who has put the club up for sale with the Russian oligarch having since been placed under sanctions by the UK Government and been disqualified as a director.
