Roman Abramovich rejects bid for Chelsea?

Tanya Simon
June 11, 2018

Ratcliffe, a billionaire CEO of petrochemicals giant Ineos and Chelsea season ticket holder, has subsequently expressed an interest in buying the club following Abramovich's troubles with being able to return to the country.

British businessman Jim Ratcliffe was linked to taking over Chelsea football club as Abramovich's successor but Chelsea rejected his offer after an approach.

He has allegedly signaled his intention to purchase the highly-rated football outfit no thanks to recent visa woes surrounding Chelsea's Russian owner Abramovich.

Meanwhile, previously reported how Abramovich was reportedly planning to sell his Premier League club Chelsea and he has demanded a whopping sum of KSh 156.7 billion if he chose to sell Chelsea.

His apparent approach is reportedly one of a number Abramovich has snubbed.

At the last count, Sunday Times estimated Ratcliffe's net worth be around KSh 2.7 trillion while Chelsea's owner Abramovich is worth KSh 1.2 trillion.

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

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.

A plan was in place to demolish Stamford Bridge in two years but last week Abramovich announced that the £1bn redevelopment had been halted in retaliation for the hardline attitude of the Home Office.

But it appears Ratcliffe won't be getting near Chelsea any time soon, despite dwarfing Abramovich's personal wealth by around £11bn.

A spokesman for Ineos said in response: "We can't comment on market rumour or speculation".

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