Ken Griffin, billionaire hedge fund owner, to join Chicago Cubs owners in Chelsea bid
Ahmed said Griffin’s bid is an individual one and has nothing to do with the hedge fund business.
“The Ricketts Family, owners of the Chicago Cubs, can confirm they will be leading an investment group that will make a formal bid for Chelsea Football Club this Friday,” the Ricketts Family said in a statement to CNN.
“As long-time operators of an iconic professional sports team, the Ricketts Family and their partners understand the importance of investing for success on the pitch, while respecting the traditions of the club, the fans and the community.
“We look forward to sharing further details of our plans in due course.”
On Tuesday, the European Union placed Abramovich on the list of sanctioned individuals, while the UK government sanctioned him last week as part of its efforts to “isolate” Russian President Vladimir Putin following his country’s invasion of Ukraine.
In light of the sanctions, Chelsea has been granted a special license by the UK to continue to play fixtures, but certain actions are not permitted, including the sale of tickets for games beyond those already sold to fans.