Ratcliffe and Ineos offer € 5 billion to buy Chelsea

LONDON: Jim Ratcliffe, head of chemical giant Ineos and owner of the club France’s Nice and cycling team Ineos-Gronadis, has offered £ 4.25bn (€ 5bn) to acquire England’s Chelsea football team, Ineos announced Friday. “It’s a British offer for a club British, “the company said in a note, promising to “invest in Stamford Bridge to make it a world-class stadium”, as well as in the sports industry to bring together “the best players and coaches in the world.” club Londoner was put in sale since March 2 by its Russian owner, Roman Abramovich, after being targeted with sanctions against the backdrop of his country’s invasion of Ukraine. Also on the Chelsea line was American Stephen Palioca, one of the owners of the Boston Celtics basketball team, as well as an alliance led by Todd Boley, one of the owners of the Los Angeles Dodgers baseball team. and Martin Bruton, the former president of Liverpool and British Airways. However, Ratcliffe has once again shuffled the cards with his belated offer, which will include a € 2 billion investment in the club in 10 years and € 3 billion for a charitable foundation to support war victims in Ukraine. According to many mediaRatcliffe’s offer is by far the highest, knowing the 69-year-old businessman had already taken in consider a bid to buy Chelsea in 2019, before stepping back and heading to Nice. Inos has also given its name since 2019 to one of the most important teams in cycling. “We believe London should have a club that reflects the location of the city, “he said club led in the same way as Real Madrid, Barcelona or Bayern Munich, stressing that the goal of “this investment is to play in nice way and not for profit. ”Chelsea hope to have a new owner by the end of May in so you can confidently prepare for next season, as current penalties prevent the signing of contracts with players. The “Blues” takes third place in championship with 66 points behind leaders Manchester City and Liverpool II, and has amply guaranteed his participation in the main continental competition next season. (AFP)