Sir Jim Ratcliffe: Team Ineos owner makes late bid to buy Chelsea | Football News

Sir Jim Ratcliffe has tabled a last-minute bid to buy Chelsea.

Ratcliffe is reported to have held talks with Chelsea chairman Bruce Buck on Thursday and submitted a major offer for the Stamford Bridge club on Friday.

The 69-year-old explored in detail a possible bid for the Blues back in 2019, only to buy French club Nice instead.

A spokesperson for Ratcliffe confirmed the British business magnate’s offer to buy Chelsea, with the bid understood now to represent the highest for the club.

“We put an offer in this morning,” Ratcliffe told The Times.

“We are the only British bid. Our motives are simply to try and create a very fine club in London. We have no profit motive because we make our money in other ways.”

The other three remaining bids are:

• the bid led by Sir Martin Broughton, the former Liverpool and British Airways chairman, which includes the billionaire Crystal Palace shareholders Dave Blitzer and Josh Harris
• a consortium headed by Todd Boehly, the LA Dodgers part-owner, which includes backing from Clearlake Capital, a US investment firm
• an offer fronted by Steve Pagliuca, part-owner of the NBA’s Boston Celtics and Serie A’s Atalanta, which includes support from Larry Tanenbaum, the NBA chairman, as the parties still in the running to buy Chelsea

More to follow….

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