The consortium led by the Cubs’ Ricketts family have withdrawn their bid to take over Premier League club Chelsea FC.
The backlash resulted in a social media campaign where the hashtag #NoToRicketts was trending on Twitter. It also led to protests outside of Stamford Bridge prior to the club’s game against Brentford back on April 2.
During the bidding process, the Ricketts met with stakeholders to address concerns stemming from the controversy.that the outcry from Chelsea supporters did not play a part in deciding not to make a final bid, rather they simply could not come to an agreement on the terms of a final proposal. It is worth remembering Chelsea was put up for sale by current owner Roman Abramovich amid Russia’s invasion of Ukraine. Abramovich would soon after be sanctioned by the U.K government in response to his ties to Vladimir Putin.
With the Ricketts now out of the running, the remaining bids include consortiums led by part-owner of the Los Angeles Dodgers Todd Boehly, Sir Martin Broughton and Boston Celtics co-owner Steve Pagliuca.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ricketts family, owners of Chicago Cubs, drop bid for Chelsea FCThe bid was being led by Cubs chairman Tom Ricketts but faced opposition from Chelsea fans over Islamophobic comments by his father, Joe, featured in leaked emails three years ago.
Read more »
Cubs' Seiya Suzuki Delivers Another RBI as Cubs Beat Rockies 5-2Frank Schwindel’s first home run and Seiya Suzuki’s 10th RBI spoiled Kris Bryant’s first game facing the Cubs as a Rocky.
Read more »
Ex-Cubs Star Kris Bryant Saw ‘Stars' Manager Potential David RossDavid Ross’ Cubs faced former teammate Kris Bryant Thursday for the first time since Bryant signed his megadeal with the Rockies.
Read more »
Suzuki extends hit streak to 6, Cubs down Bryant, Rox 5-2Seiya Suzuki stayed hot with an RBI double in a three-run first inning, Frank Schwindel homered and drove in two, and the Chicago Cubs cooled off Kris Bryant and the Colorado Rockies, winning 5-2 on Thursday night.
Read more »
Cubs' Mark Leiter Jr. to Fill Rotation Opening Vs. Rockies SaturdayMark Leiter Jr., who was signed to a minor-league deal in December, makes his Cubs debut Saturday as the Cubs use a fifth starter for the first time.
Read more »