British billionaire Sir Jim Ratcliffe tables last-minute bid to buy Chelsea

British billionaire Sir Jim Ratcliffe has tabled a last-minute bid to purchase Chelsea (Image: Getty)

Sir Jim Ratcliffe has tabled a last-minute bid to purchase Chelsea, a spokesperson for the Ineos chief has confirmed.

Ratcliffe is known to have held talks with Chelsea chairman Bruce Buck on Thursday and submitted a significant provide for the Stamford Bridge membership on Friday.

The 69-year-old explored intimately a doable bid for the Blues again in 2019, solely to purchase French membership Good as an alternative.

Roman Abramovich has been compelled to place Chelsea up on the market (Image: Getty)

Ratcliffe’s earlier due diligence on Chelsea will expedite the method of his bid, minimising any delays within the sale course of headed up by New York service provider financial institution the Raine Group.

Todd Boehly, Sir Martin Broughton and Steve Pagliuca have been all hoping to listen to this week which of their consortium gives to purchase the Blues had been chosen as the popular bid, however Ratcliffe’s late entrance provides one other heavyweight bid to the battle to purchase Chelsea from Roman Abramovich.

A spokesperson for Ratcliffe confirmed the British enterprise magnate’s provide to purchase Chelsea, with the bid understood now to symbolize the best for the membership.

‘We put a proposal on this morning,’ Ratcliffe advised The Occasions.

‘We're the one British bid. Our motives are merely to try to create a really positive membership in London. We now have no revenue motive as a result of we make our cash in different methods.’

Chelsea will nonetheless hope to have a brand new proprietor in place by the tip of Might, regardless of any delays that come from Ratcliffe’s late entry into the race for the Stamford Bridge membership.

As soon as the Raine Group selects a most popular bidder, the Authorities should then grant a brand new licence to permit the sale to be accomplished.

Abramovich put Chelsea up on the market on March 2, amid Russia’s continued invasion of Ukraine.

The 55-year-old was then sanctioned by the UK Authorities on March 10, with Downing Road claiming to have confirmed hyperlinks between the Russian-Israeli billionaire and Vladimir Putin.

Abramovich has owned Chelsea for 19 years, main the membership to 21 trophies in a glittering tenure.

.

.