British billionaire, Sir Jim Ratcliffe has tabled a last-minute bid to buy Chelsea.
This development was confirmed by a spokesperson for the Ineos chief.
The new bidder is said to have held talks with the club’s chairman Bruce Buck yesterday and submitted a major offer for the Stamford Bridge club on Friday.
Ratcliffe, 69, explored in detail a possible bid for the west London side back in 2019, only to buy French club Nice instead.
Ratcliffe’s previous due diligence on Chelsea will expedite the process of his bid, minimising any delays in the sale process headed up by New York merchant bank the Raine Group.
The Ratcliffe’s late entrance adds another heavyweight bid to the battle to buy Chelsea from Roman Abramovich.
A spokesperson for Ratcliffe told The Times that the British business magnate has made a huge offer to buy Chelsea
The bid is understood now to represent the highest for the club.
‘We put an offer in this morning,’ Ratcliffe told The Times.
