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Football London
Football London
Sport
Danyal Khan

Chelsea sale: Former Premier League owner weighs in on Jim Ratcliffe and Todd Boehly debate

Former Premier League owner Simon Jordan has labelled prospective Chelsea owner Jim Ratcliffe a 'disruptor' amid Todd Boehly's progress to buy the club outright with his consortium at Roman Abramovich's asking price.

It all seemed as though it was smooth sailing for the three consortiums that were shortlisted for the final round of talks but the current Nice owner aimed to throw the biggest curveball with his enticing and attractive £4billion plus offer that trumped his competitors. In a statement released, INEOS have announced their plans to invest in the Blues to ensure a 'first-class squad' for both the men's and women's teams, as well as continued investment in the club's Cobham academy. The future of Stamford Bridge has been among the high-profile components of all bids thus far, with INEOS planning to make it a 'world-class' stadium by renovating Chelsea's home as an ongoing project so that the team are not required to relocate elsewhere.

Their statement read: "Sir Jim Ratcliffe, Chairman of INEOS, has made a formal bid for Chelsea FC, for £4.25bn. £2.5bn is committed to the charitable trust to support victims of the war, with £1.75bn committed to invest directly into the club over the next 10 years. This is a British bid, for a British club. We believe that a club is bigger than its owners, who are temporary custodians of a great tradition, With a responsibility to the fans and the community. That is why we are committing to spending £1.75bn over 10 years that will be for the direct benefit of the club. We will invest in Stamford Bridge to make it a world-class stadium, befitting of Chelsea FC. This will be organic and ongoing so that we will not move away from the home of Chelsea and risk losing the support of loyal fans.

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