Jim Ratcliffe

But just hours before Boehly was selected as the preferred buyer, Ineos founder and majority shareholder Ratcliffe made a late offer worth £4.25billion. Todd ...

‘My message to Raine is don’t discount our offer. We presented a bid but have heard very little back from them. Speaking to BBC Sport, Ratcliffe said: ‘We had a communication with Raine and met with them at the end of last week.

Sir Jim Ratcliffe has been told to 'forget' his £4.25bn bid for Chelsea by the US bank overseeing the sale but has not given up hope of buying the club.

On Tuesday Chelsea’s sale was plunged into doubt because of fears Abramovich is attempting to renege on his promise to write off his £1.6bn loan to the club. We got there at the end of the day and we are committed. We’re there for the long term – that’s a lot of responsibility to take on and it takes time to reach a decision to be fully committed. Asked why his group’s bid was submitted late, Ratcliffe said: “I think that is quite simple – it is a big decision to buy a national asset and it’s a big commitment in terms of time and money. Ratcliffe, who offered to pay £2.5bn and pledged to invest £1.75bn over the next 10 years, is poised if talks with Boehly break down. We said: ‘You need to give us some feedback and if we’ve got something wrong, tell us what we’ve got wrong and we can try to correct it.’ But we haven’t even had that opportunity.

The 69-year-old billionaire, and founder of INEOS, had his offer "rejected out of hand" but maintains hopes of securing a Chelsea takeover if Todd Boehly's ...

Meanwhile, concerns remain in Westminster around fears that Abramovich is rowing back on his promise to write off the club's £1.6bn debt. We believe that London should have a lub that reflects the stature of the city." "We can confirm we have held talks with Sir Jim Ratcliffe and his team but no further meeting is scheduled," a Chelsea Supporters' Trust spokesman told Mirror Football.

Ineos CEO Sir Jim Ratcliffe had tabled a late £4.25 billion bid to buy Chelsea on Friday; Group director Tom Crotty said the offer had been rejected out of ...

"There are all sorts of things that are at play here and particularly the performance of a team. "Strictly speaking Chelsea should have stopped playing and trading on March 10 when their owner was sanctioned. "The license runs out on 31 May so you could argue that the club could go out of business unless they have new owners by the end of this month. A consortium led by American businessman Todd Boehly have been named as the preferred bidders by the Raine Group and they have until the end of this week to finalise the terms of an agreement to buy the club. Ineos CEO Sir Jim Ratcliffe had tabled a late £4.25 billion bid to buy Chelsea on Friday; Group director Tom Crotty said the offer had been "rejected out of hand" on Wednesday; Todd Boehly-led consortium have until the end of the week to finalise terms of agreement to buy the club Sir Jim Ratcliffe's bid to buy Chelsea has been "rejected out of hand" but he remains interested in buying the club.

Ineos director Tom Crotty revealed Raine Group handed Ratcliffe a “rapid rejection” on his last-minute £4.25billion bid for Chelsea.

“There are all sorts of things that are at play here and particularly the performance of a team. “I subscribe to the view that you can’t have this going on indefinitely,” said Coe. “My message to Raine is don’t discount our offer,” Ratcliffe told the BBC. “But we are still pushing as we believe we are a good bidder who would be good for the long-term future of the club.” Los Angeles Dodgers co-owner Boehly’s bid has received that preferred bidder status, with the Eldridge Industries chief now forging ahead to try to complete a deal to buy the Blues. Ratcliffe tabled a last-ditch bid to buy Chelsea on Friday, just as New York merchant bank Raine Group was preparing to confirm Todd Boehly’s consortium as the preferred bidder.

The bank overseeing the sale of the club has rejected Ratcliffe's bid.

“I subscribe to the view that you can’t have this going on indefinitely,” said Coe. “There are all sorts of things that are at play here and particularly the performance of a team. “We had a rapid rejection by Raine,” Crotty told the PA news agency. Start your Independent Premium subscription today. Ratcliffe tabled a last-ditch bid to buy Chelsea on Friday, just as New York merchant bank Raine Group was preparing to confirm Todd Boehly’s consortium as the preferred bidder. Sir Jim Ratcliffe is refusing to give up his bid to buy Chelsea despite seeing his offer swiftly rejected by the bank overseeing the Blues’ sale. The bank overseeing the sale of the club has rejected Ratcliffe’s bid

Roman Abramovich has confirmed he wants to sell Chelsea with Britain's richest man and Blues season ticket holder Sir Jim Ratcliffe "not giving up" on his ...

Ratcliffe previously explained to The Times in 2019 in quotes that appear to contradict his offer for the West London club: "Even though clubs have those valuations today, nobody has ever paid those amounts of money. We got there at the end of the day and we are committed. We're there for the long term that's a lot of responsibility to take on and it takes time to reach a decision to be fully committed.

Chelsea remain on the market and Britain's wealthiest man Sir Jim Ratcliffe has thrown his hat into the ring to become the new owner of the Blues with a ...

We got there at the end of the day and we are committed. We are British and have great intentions for Chelsea. If I was Raine I wouldn't close any door." I watched Chelsea when I was in London for years, it was difficult to go and see United."