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.
Ratcliffe made his offer last Friday, two weeks after the deadline, but a consortium led by Todd Boehly were granted preferred bidder status and are in a five-day exclusivity period, attempting to agree a deal with Chelsea’s owner, Roman Abramovich.
“We’ve had an email to say, ‘forget it, you’re not in the process’,” Tom Crotty, director of communications and corporate affairs at Ratcliffe’s company Ineos, told the Telegraph. “That was from Raine, but we’re not giving up because we believe what we’ve got is a bid that makes good sense for the club.
“They will say it was too late. We said: ‘Yo …
- May 5, 2022
