The owners of the Chicago Cubs, the Ricketts family, are set to launch a bid for Chelsea after joining forces with the billionaire hedge fund tycoon Ken Griffin.
Interested bidders have until Friday to submit takeover proposals to the Raine Group, the US bank handling the process, and the race to buy the club from Roman Abramovich is hotting up. The main interest has come from American-led groups and the Ricketts family went public with their interest, marking them out as serious rivals to a consortium fronted by Todd Boehly, Jonathan Goldstein and Hansjörg Wyss.
