Ken Griffin, billionaire hedge fund owner, to join Chicago Cubs owners in Chelsea bid

By Wayne Sterling, CNN

Updated 1626 GMT (0026 HKT) March 16, 2022

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(CNN)Ken Griffin, the billionaire owner and founder of hedge fund Citadel and high-speed trading firm Citadel Securities, will join the Ricketts family, the owners of Major League Baseball's Chicago Cubs, in a formal bid for Chelsea Football Club, Griffin's spokesperson, Zia Ahmed, confirmed to CNN on Wednesday.

Ahmed said Griffin's bid is an individual one and has nothing to do with the hedge fund business.«The Ricketts Family, owners of the Chicago Cubs, can confirm they will be leading an investment group that will make a formal bid for Chelsea Football Club this Friday,» the Ricketts Family said in a statement to CNN.«As