The Ricketts' Chelsea Football Club bid was dropped over 'certain issues.' Since the Cubs owners are out, 3 bids are left for the Premier League team.
The consortium, which also featured American investors Ken Griffin and Dan Gilbert, did not directly address the"issues" that prevented them pursuing the bid ahead of Thursday's deadline for final submissions.
Boston Celtics co-owner Steve Pagliuca has partnered with Larry Tanenbaum, who has ownership stakes in Toronto with the NBA's Raptors, the NHL's Maple Leafs and the city's MLS team. Peter Guber, a part-owner of the Los Angeles Dodgers, is also backing in the group.
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