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The 121st richest person in the world asked to buy Chelsea

BrotherJim Ratcliffe, with a fortune of about 15 billion USD, wants to invest 5.5 billion USD to own and strengthen the Stamford Bridge team.

Ratcliffe makes a purchase offer Chelsea yesterday 29/4. Accordingly, he will spend $ 3.3 billion to buy back the club and invest $ 2.2 billion over 10 years to strengthen. “This is an offer from England and for an English club,” the statement read. “We believe that the club is bigger than the owners, who are only temporarily protecting the great tradition with a responsibility to the fans and the community.”

Ratcliffe is also committed to transforming Stamford Bridge into a world-class stadium, and continues to invest in the team and academy to ensure a first-class squad in both the men’s and women’s teams.





Ratcliffe is almost twice as rich as Chelsea's former owner, Abramovich.  Photo: Reuters.

Ratcliffe is almost twice as rich as Chelsea’s former owner, Abramovich. Image: Reuters.

Ratcliffe made the offer nearly two months later than the bidding to buy Chelsea, which is being conducted by Raine bank (USA). It is not yet clear whether the 69-year-old British billionaire will succeed. According to Sky Sports, the bidding is now just a battle between two factions. Including the former chairman’s joint venture faction LiverpoolMartin Broughton and Dave Blitzer and Josh Harris, two shareholders of the Crystal Palace team and the other side includes Todd Boehly, the billionaire owner of the US baseball team LA Dodgers and US investment fund, Clearlake Capital.

Billionaire Ratcliffe added: “We believe that London should have a club that reflects the stature of the city, a club organized like Real Madrid, Barca or Bayern Munich. We make this investment as a player. We’re fans. We don’t have a profit motive, because we make money differently.”

Chelsea is likely to know the name of the new owner in May. Once Raine has selected a preferred contractor, the British Government will grant permission to complete the sale. Proceeds from the sale of Chelsea will be used to pay for the victims of the war going on in Ukraine.

Former owner of Chelsea, Roman Abramovich lost the right to dispose of Chelsea after the British Government determined he had links to Russian President Vladimir Putin. In the 19 years he owned it, Chelsea won 21 titles and became a force in Europe.

Ratcliffe is currently the 121st richest person in the world, with a fortune of about $15.2 billion. He is the Chairman and CEO of the industrial chemical company Ineos, and is also the owner of Nice, a Ligue 1 team (France).

Due to his assets frozen in the UK, Abramovich fell to 239th with $8.7 billion, and Todd Boehly was 627th with $4.5 billion.

Thanh Quy (according to Sky Sports)

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