Britain’s richest man offers Roman Abramovich £2bn for Chelsea

Britain’s richest man offers Roman Abramovich £2bn for Chelsea

Britain's richest man Sir Jim Ratcliffe has had a bid for Chelsea rejected by fellow billionaire Roman Abramovich, according to reports.

The Daily Mail reported that Jim Ratcliffe, the chairman and chief executive of multinational petrochemicals group Ineos, expressed an interest in the Premier League club which the Russian has owned for 15 years.

All this has spread rumors around the globe that Chelsea football club would be up for sale as owner Roman Abramovich plans not to take forward any of the club's overhead costs.

But it's understood that he has no intention of abandoning the Blues, with the Russian also rejecting other offers, including one from China.

Mr Ratcliffe topped this year's Sunday Times Rich List with an estimated wealth of £21bn. Ratcliffe's company, Ineos, recorded sales of £45bn and employs more than 18,500 people in 22 countries.

The 65-year-old is a Manchester United fan but watches football at Stamford Bridge because it is close to his Chelsea home.

More news: Bioware's Anthem Will Be Released On Feb. 22nd For Consoles And PC
More news: Guardiola: Toure knows he’s spreading lies
More news: Broward victim of alligator attack is identified

Ratcliffe, who grew up in Manchester, has not previously linked with buying into English football.

Abramovich bought Chelsea in 2003, with five Premier League titles, five FA Cups, three EFL Cups, the Champions League and the Europa League being won since then.

However following Theresa May's crackdown on filthy rich Russian's living in the United Kingdom in the aftermath of the Salisbury chemical weapon attack, Abramovich has faced difficulties renewing his United Kingdom visa.

The British government has made it clear that he cannot work in Britain on his Israeli passport, although he can visit for up to six months at a time.

A spokesman for Ineos said they did not respond to market rumour or speculation and Chelsea, who refused to comment publicly on the story to the Mail, did not respond to phone calls from Reuters.

Related Articles

  • Trump torpedoes G7 united front as summit ends

    Trump torpedoes G7 united front as summit ends

    Trudeau, in Quebec City for bilateral meetings with non-G7 leaders after the summit, did not comment as he arrived. Trump called his remarks "very dishonest and weak", citing Canada's imposition of tariffs on dairy products.
    Robert De Niro Gets Bleeped Saying 'F*** Trump' at 2018 Tony Awards

    Robert De Niro Gets Bleeped Saying 'F*** Trump' at 2018 Tony Awards

    Robert De Niro walked onto the stage of the 72nd Tony Awards on Sunday night to introduce a performance by Bruce Springsteen . Lane, who won for best featured actor in a play, said "Angels" still speaks to society in the midst of "political insanity".
    Anthony Bourdain's Mom Confirms His 'Dark Mood' Before Death

    Anthony Bourdain's Mom Confirms His 'Dark Mood' Before Death

    Bourdain and the Italian actor started dating in 2017 after meeting on the sets of the Rome episode of his show Parts Unknown . And he would always say, 'Give me that baby! He was found unresponsive by his close friend and fellow chef Éric Ripert .
  • Fox & Friends Host Calls Trump a ‘Dictator’

    Fox & Friends Host Calls Trump a ‘Dictator’

    I did not mean that, my mistake. "As you know on live TV, sometimes you don't always say things perfectly", she said. He can take that nation, with those great people, and truly make it great.
    Bethesda announces The Elder Scrolls VI

    Bethesda announces The Elder Scrolls VI

    With supposedly their biggest conference to date, and a new Fallout game in the works, the Bethesda stream should be fun. While Youngblood appears to be a more traditional entry in the franchise, Wolfenstein Cyberpilot is actually a VR game.
    Watch Bethesda’s E3 2018 Press Conference for Some Sweet Fallout and More

    Watch Bethesda’s E3 2018 Press Conference for Some Sweet Fallout and More

    The narrative seems focused on the idea of rebuilding after the destruction - 76 will be set before Fallout 4 . Fallout 76 doesn't have a release date at the moment.
  • Gears 5 announced for 2019, new main protagonist

    Gears Tactics takes place 12 years before the events of the first game, with COGS facing off against the early Locust invasion. This time, Kait Diaz appears to be stepping into the lead as she confronts a lingering thread from Gears of War 4 .
    Dennis Rodman traveling to Singapore for North Korea summit

    Dennis Rodman traveling to Singapore for North Korea summit

    Laurence Nardon, director of the North American program at the French Institute of International Relations in Paris, said Mr. The South Korean president says the "fate and the future of the Korean Peninsula hinge" on the meeting in Singapore .
    Tyson Fury: Heavyweight to fight on Carl Frampton undercard in August

    Tyson Fury: Heavyweight to fight on Carl Frampton undercard in August

    But Fury rediscovered his passion for boxing and claimed to have lost eight stones (112 pounds) ahead of facing Seferi. Fury has been kept out of the ring since since November 2015 for multiple reasons.
  • Canadian PM rejects NAFTA sunset clause but open to discussions

    Canadian PM rejects NAFTA sunset clause but open to discussions

    Trudeau's office said he had not said anything in his closing G7 news conference he has not said to Trump before. Another posting says he is looking forward to straightening out unfair trade deals with the G7 countries.
    Merkel-Trump photos reveal power play at tense G7

    Merkel-Trump photos reveal power play at tense G7

    And no wonder, as it appeared to depict the defining confrontation of the weekend's Group of Seven summit, the divide between U.S. But Kudlow probably didn't help the message he was sending to the Canadian leader by once referring to him as "Pierre Trudeau".
    US pulls 2 more from Cuba amid new potential health cases

    US pulls 2 more from Cuba amid new potential health cases

    State Department and that they're working to determine if any Canadian diplomats have also been affected by the reported ailments. Those affected have suffered a range of symptoms including hearing loss, dizziness, fatigue, cognitive issues and sleep loss.