AC Milan Owners Elliott Management Join Nick Candy Consortium in Bid for Chelsea
News 18AC Milan owners Elliott Management have joined the Nick Candy-led Blue Football consortium as a ”minor investor” in their bid to buy Premier League club Chelsea, sources close to the deal told Reuters. British property developer Candy’s bid was increased on Monday after being joined by ”another large Korean financial institution”, they said in a statement, with sources adding the consortium has grown further on Thursday. Elliott Management, an American hedge fund business, have injected a ”multi-million pound sum” into the bid, the sources told Reuters. Others who have made their offers public include Chicago Cubs owners the Ricketts family as well as the pairing of former Liverpool chairman Martin Broughton and World Athletics President Sebastian Coe.
History of this topic
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