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Cubs owners drop bid for Chelsea, leaving Steve Pagliuca and two others

Business

"We have great admiration for Chelsea and its fans, and we wish the new owners well."

Chelsea's head coach Thomas Tuchel celebrates after the English Premier League soccer match between Southampton and Chelsea at the Saint Mary's Stadium in Southampton, Saturday, April 9. Frank Augstein/AP Photo

The owners of the Chicago Cubs dropped their interest in buying Chelsea, leaving three remaining bids for the enforced sale of the Premier League club by sanctioned Russian owner Roman Abramovich.

The bid was being led by Cubs chairman Tom Ricketts but faced opposition from Chelsea fans over Islamophobic comments by his father, Joe, that featured in leaked emails three years ago.