The Ricketts family, a Nebraska -based dynasty that owns the Chicago Cubs, have decided against making final bid to buy Chelsea Football Club stating that “certain issues could not be addressed given the unusual dynamics around the sales process.” The Ricketts family, part of a consortium that includes hedge fund billionaire Ken Griffin (much more on him in a bit) and Cleveland Cavaliers Owner Dan Gilbert, insist that their the decision to withdraw from the process is not related to the Chelsea supporter backlash against them.
That backlash stems mainly from Islamophobic emails written and sent out by family patriarch Joe Ricketts in 2009. The Ricketts family claim simply claim that they were unable to reach agreement, with all parties on a final offer that they felt comfortable submitting.
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