If they decide to move forward, the Ricketts family would likely have partners in any potential multibillion-dollar deal.
The Ricketts family made their interest in the acquisition public when Chelsea owner Roman Abramovich was forced to sell after the British government sanctioned him and the Premier League banned him for his ties to Russian President Vladimir Putin during the war in Ukraine.
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The Ricketts family said on Wednesday that it is leading an investment group that will make an official bid for the reigning world and European soccer champions on Friday.
Chicago Cubs owners confirm bid to buy Chelseahttps://t.co/iW7QgSMTW1
— Rob Harris (@RobHarris) March 16, 2022
“As longtime owners of a renowned professional sports organization, the Ricketts family and their partners recognize the value of investing for success on the field while respecting the club’s traditions, fans, and community,” according to the statement. “We are excited to share more information about the plans.
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Chelsea, as a seized property of Abramovich, is allowed to continue playing under the terms of a special licence granted by the British government. The government now has control over the purchase process, which the Raine Group, an investment bank, has been working on since Abramovich said the west London club was for sale last week, before his assets were blocked.
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