Tycoon Kenneth Griffin ‘joins forces with Chicago Cubs owners to make BLOCKBUSTER Chelsea bid’

American tycoon Ken Griffin has reportedly joined forces with the owners of Chicago Cubs to launch to a blockbuster bid to own Chelsea. 

Sky claim the Ricketts family and Griffin have come together to create an investment group and will lodge a formal offer for the west London outfit on Friday.

That coincides with the deadline set by American merchant bank Raine Group for bids to be submitted.

A spokesman for the consortium told Sky: ‘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.

‘As long-time operators of an iconic professional sports team, the Ricketts Family and their partners understand the importance of investing for success on the pitch, while respecting the traditions of the club, the fans and the community.

‘We look forward to sharing further details of our plans in due course.’ 

Griffin is the founder and chief executive of Citadel Asset Management,  an American multinational hedge fund and financial services company.

Forbes recently estimated his wealth at £20billion ($26.5bn), which makes him the richest individual in the public domain as Chelsea attempt to find a bidder.

American tycoon Ken Griffin has reportedly joined forces with the owners of Chicago Cubs to launch to a blockbuster bid to own Chelsea

 The family’s fortune came from founding the online brokerage firm, TD Ameritrade – now known under the name The Charles Schwab Corporation.