FIFA World Cup (property) draws Paul Singer vs. Ken Griffin

Ken Griffin says he’s a “big football fan.” Played the game his whole life. Get your kids into it. (Take that, Anne.) Build pitches all over the Windy City for the poor. But does he love the beautiful game as much as fellow hedge fund manager Paul Singer? We guess we will to find.

The American hedge fund, owner of AC Milan, is one of the minority supporters of property developer Nick Candy’s takeover of Chelsea Football Club.

Sky News has learned that a subsidiary of Elliott Management, the New York-based investor, has agreed to inject several million pounds into the London side as part of Mr Candy’s bid.

Chicago Cubs owners, the Ricketts family, are set to launch a bid for Chelsea after joining forces with billionaire hedge fund mogul Ken Griffin…. The Ricketts family have long had an interest in Chelsea, having tried to buy the club in 2018, and are confident they will succeed this time around. They believe that teaming up with Griffin, the founder and CEO of Citadel Asset Management, will increase their chances. Griffin, 53, is valued by Forbes at $26.5bn (£20.2bn) and operates in a private capacity.

Chelsea sale: AC Milan owner Elliott backs Candy’s bid for the London club [Sky News]
Chicago Cubs owners and Ken Griffin join forces to buy Chelsea [Guardian]

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