The Ricketts Family led consortium have officially withdrawn its bid to buy Chelsea Football Club.
The Ricketts Family-led consortium released an official statement today, Friday, April 15, 2022, that stated that they would be pulling out of the bid to buy Chelsea FC due to “certain issues that could not be addressed.”
The Ricketts Family had been one of the four bidders shortlisted to buy Chelsea following Roman Abramovich’s go ahead to sell the club.
The official statement released stated:
“The Ricketts-Griffin-Gilbert Group has decided, after careful consideration, not to submit a final bid for Chelsea FC.
In the process of finalising their proposal, it became increasingly clear that certain issues could not be addressed given the unusual dynamics around the sales process.
We have great admiration for Chelsea and its fans, and we wish the new owners well.”
This would reduce the final list of bidders to just three, and they are:
- The Todd Boehly Led Consortium
- The Steve Pagliuca Led Consortium
- The Sir Martin Broughton Led Consortium