Ineos owner Sir Jim Ratcliffe makes £4.25 billion bid to buy Chelsea from Roman Abramovich

Sir Jim Ratcliffe, owner of Ineos, has tabled a bid to buy Chelsea from Roman Abramovich. Abramovich put Chelsea up for sale following Russia’s invasion of Ukraine, and it was reported that a deadline of April 11 had been made for bids to be tabled. Ad/> It was reported that four bidders had been put on the shortlist, and they were looking to find out which had been handed preferred status by the Raine Group who are handling the sale on behalf of Abramovich.

Premier LeagueOpinion: Lampard returns to Chelsea with questions hanging over his career4 HOURS AGO However, it has now emerged that Ratcliffe held talks with Blues chairman Bruce Buck, leading to a bid — believed to be in excess of any other offer — to be tabled. An Ineos statement read: “Sir Jim Ratcliffe, chairman of Ineos, has made a formal bid for Chelsea FC, for £4.25bn; £2.5bn is committed to the Charitable Trust to support victims of the war, with £1.75bn committed to investment directly into the club over the next 10 years. “This is a British bid, for a British club.

We believe that a club is bigger than its owners who are temporary custodians of a great tradition. With responsibility to the fans and the community." Lampard returns to Chelsea with questions hanging over career Chelsea close in on WSL title with win over Tottenham Ratcliffe has confirmed it will be a long-term commitment, with the intention of revamping Stamford Bridge to put the stadium on a par with Premier League rivals. The statement continued: “We are committing to spending £1.75bn over 10 years that will be for the direct benefit of the club.