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Football London
Football London
Sport
Danyal Khan

Chelsea sale: What Jim Ratcliffe is doing to try and convince Roman Abramovich to agree on deal

Todd Boehly's main competitor to become Roman Abramovich's successor, Jim Ratcliffe, aims to convince the Russian oligarch to agree upon a deal with him and snub the American consortium by promising one thing in particular.

The movie Mission Impossible probably sums up just how much the current Nice owner has to do if he was to eventually win the process of becoming the new king of Stamford Bridge. His late and unexpected bid which went in without the Raine Group knowing had the potential to prolong this process more but the club's decision to hold exclusive talks with the part-LA Dodgers owner Boehly indicated that the end is near. Perhaps, Ratcliffe himself doesn't believe this to be the case and his £4.25billion bid at the eleventh hour is evidence that the race is not yet fully ran in his mind.

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 investing 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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