Hupu March 08 News According to the latest report from The Athletic UK Chicago Cubs reporter Patrick Mooney, sources familiar with the complex sale process of Chelsea Club revealed that the owners of the Chicago Cubs are considering making a bid to acquire Chelsea.
If the Ricketts family decides to bid, they will definitely recruit relevant investors. Sky News first mentioned the possibility of Chicago hedge fund billionaire Ken Griffin teaming up with the Rickitt family and using their experience running a world-famous team to manage Chelsea.
Merchant bank Raine Group, which is handling Chelsea's sale process, has a relationship with the Ricketts family and is aware of a small circle of investors who have the wherewithal and space to seriously seek to run a Premier League club in London. The deadline for bidding for Chelsea is March 15, or the 104th day of the Major League Baseball shutdown.
According to sources familiar with the Rickitt family's long-term thinking, the Rickett family has been involved in such transactions in recent years, looking for a big-name club worth a lot of money, most notably trying to acquire AC Milan in 2018.
Cubs Chairman Tom Ricketts (Tom Ricketts) is a football fan who once held an equity stake in Derby County. However, the decision to try to acquire Chelsea would be made on a family level, much like the Ricketts family's $845 million purchase of the Cubs, Wrigley Field and parts of a regional television network in 2009.
Patrick Mooney mentioned after talking about Major League Baseball's collective bargaining agreement that the Cubs often follow the model of the Boston Red Sox, whether it is signings or redesigning baseball stadiums. As we all know, the owner of the Red Sox is Fenway, and Fenway Sports Group鈥檚 investment projects also include Liverpool.
