Three contenders left as Ricketts consortium withdraws Chelsea bid
The Ricketts family-led consortium that was one of the final four shortlisted bidders in the running to buy Chelsea has withdrawn its bid.
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The Ricketts family-led consortium that was one of the final four shortlisted bidders in the running to buy Chelsea has withdrawn its bid.
The Ricketts-led consortium announced on Friday it had withdrawn its bid to buy Premier League club Chelsea, which is being sold by owner Roman Abramovich.
The Ricketts Family has pulled out of its bid to purchase Chelsea Football Club from Roman Abramovich.
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Chelsea manager Thomas Tuchel said the team were focused on Sunday's FA Cup semi-final against Crystal Palace and had not been distracted by the British government imposing sanctions on club director Eugene Tenenbaum. The British government said on Thursday it had imposed sanctions on Tenenbaum in response to Russia's invasion of Ukraine, with his assets frozen. The government cited Tenenbaum's close association with Chelsea owner Roman Abramovich, who was already under sanctions.