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BREAKING: Ricketts family withdraws from bid to buy Chelsea, gives reasons

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SPORTS NEWS: BREAKING: Ricketts family withdraws from bid to buy Chelsea, gives reasons [New Sports News] » Naijacrawl
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The Ricketts family has withdrawn their offer to buy Chelsea Football Club from Roman Abramovich, a Russian-Israeli billionaire.



After a deadline from sellers Raine Group passed on Thursday, the Ricketts family was one of the final four in the process.

The bidders, formally known as the Ricketts-Griffin-Gilbert Group, issued a statement on Friday declaring their decision to withdraw.

The statement read, “The Ricketts-Griffin-Gilbert group has decided, after careful consideration, not to submit a final bid for Chelsea FC. In the process of finalising the proposal, it became increasingly clear that certain issues could not be addressed given the unusual dynamics of the sales process.
“We have great admiration for Chelsea and its fans, and we wish the new owners well.”

Remember that Abramovich declared that he was selling Chelsea, stating that the move was in the club's best interests.

The British government sanctioned Abramovich because of his ties to Russian President Vladimir Putin during Russia's invasion of Ukraine.

The Raine Group was charged with handling the club's sale in West London.

Chelsea has been granted a special government permit to continue functioning, subject to certain restrictions.

Raine's chosen buyer will have to pass English Premier League owner and director examinations, with a new government license to process the sale as the final step.

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Senegal's Koulibaly gives World Cup man-of-the-match trophy to deceased Diop's family

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SPORTS NEWS: Senegal's Koulibaly gives World Cup man-of-the-match trophy to deceased Diop's family [New Sports News] » Naijacrawl
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Kalidou Koulibaly said he would give the family of late Senegal great Papa Bouba Diop's his man-of-the-match award after firing his country through to the World Cup last 16 on Tuesday.The defender scored the winner to clinch a 2-1 win over Ecuador on the second anniversary of Diop's tragic early death following a long illness, taking Senegal through to second place in Group A.Koulibaly also paid tribute to Senegal's 2002 World Cup hero by having Diop's number 19 wri...
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Mauritania Withdraws from Football Competition After Opponent Fields Big Boys

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SPORTS NEWS: Mauritania Withdraws from Football Competition After Opponent Fields Big Boys [New Sports News] » Naijacrawl
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Two reasons Chelsea gave Reece James long term contract – Todd Boehly

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SPORTS NEWS: Two reasons Chelsea gave Reece James long term contract – Todd Boehly [New Sports News] » Naijacrawl
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