Ratcliffe is still eyeing Blues bid

London – British businessman Jim Ratcliffe remains interested in buying Chelsea despite having his late bid for the London club dismissed, according to a director of his petrochemicals company Ineos.

Ratcliffe, reportedly Britain’s richest man, revealed last week he was putting forward an offer for the Blues totalling £4.25 billion.

Of those funds, about £1.75 billion would go into the Chelsea squad and stadium re-development over the next 10 years, while a further £2.5 billion would be committed to a trust to support victims of the war in Ukraine.

Ratcliffe’s offer came weeks after the deadline for interested parties to submit their bids to American bank Raine, who are overseeing the sale process.

The 69-year-old explored a bid for Chelsea in 2019, but instead purchased French club Nice. –