Ricketts family consortium includes two more billionaires as bidding intensifies

Billonaire Dan Gilbert is part of the Ricketts family’s consortium bidding to buy Chelsea.

PA Sport says Cleveland Cavaliers owner Gilbert heads Rock Entertainment Group and boasts a personal estimated net worth of £24billion.

The 60-year-old numbers among America’s wealthiest men, and adds yet more financial muscle to the Chicago Cubs-owning Ricketts family’s bid to buy Chelsea.

Ken Griffin is the other main financial power in the Ricketts consortium, with the hedge fund magnate’s personal fortune estimated at £22billion.

Gilbert and Griffin are understood to have been signed up to the Ricketts consortium from the start of the family’s bid to take the helm at the Stamford Bridge club.

Gilbert adds another major player with hands-on sports team ownership to the candidacy, as well as his vast wealth.

The Ricketts’ offer to buy Chelsea is entirely funded by cash, which will prove compelling given the west London club’s sale could reach £3billion.

LondonsFirst