Chicago Cubs owners launching bid to buy Premier League soccer club Chelsea

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Chicago Cubs owners launching bid to buy Premier League soccer club Chelsea
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The owners of the Chicago Cubs said Wednesday that they will make a bid to buy Premier League club Chelsea.

Chelsea owner Roman Abramovich forced to sellIn a statement released by a London-based communications firm, the Ricketts family said it was leading an investment group that will make its formal bid for the reigning world and European champions on Friday.

The British government now has oversight of the buyout process which the Raine Group, an investment bank, has been working on since Abramovich last week announced, before having his assets frozen, that the west London club was up for sale. Anther consortium weighing a bid features Todd Boehly, part owner of the Los Angeles Dodgers, Swiss billionaire Hansjorg Wyss and Jonathan Goldstein, a London-based property investor who is CEO of Cain International.Latest Chicago Cubs

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