Conor McGregor has claimed he will offer just half of Roman Abramovich's £3billion asking price for Chelsea.
The UFC star said earlier this week that he was interested in buying the Premier League club after Abramovich revealed he was putting it up for sale.
The Irishman has now tweeted: "I hereby put forward my offer of £1.5bn" despite the huge £3bn price tag Abramovich has slapped on the European and world champions.
But even if McGregor was serious about buying the club, he would have to at least match the asking price.
Abramovich has already received several serious bids in the region of £3b to buy his club although Stamford Bridge chiefs are understood to still be at the stage of accepting bids.
Further offers for the Champions League holders are expected amid high interest in one of the world’s most attractive and high-profile football assets.
Chelsea’s bosses and the team around the sale are expected to review the credible bids once all offers are submitted.
Russian-Israeli billionaire Abramovich pledged to follow due process in his sale when announcing his intention to end his 19-year ownership of Chelsea in a statement on Wednesday night.
Swiss billionaire Hansjorg Wyss has already publicly announced his intention to bid for Chelsea, and has USA business magnate Todd Boehly as the first major partner of a consortium that continues to take shape.
Blues owner Abramovich hopes to have a figure in the region of £2bn to donate to a new charitable foundation that will be set up specifically to aid victims of Russia’s war in Ukraine.
The sheer scale of such giving means Abramovich must set up a new body with the personnel and infrastructure capable of distributing funds to maximise the impact of aid for victims.
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Abramovich vowed not to take any money out of the sale of Chelsea in his Wednesday statement. And it is understood that means all proceeds barring transaction costs will be ploughed into the new charitable foundation.
Abramovich took the decision to sell Chelsea on Wednesday after almost two decades at the helm and having led the Blues to 21 trophies during his tenure.
The Blues owner has made the decision in light of Russia’s invasion of Ukraine.
McGregor, meanwhile, is continuing his recovery from the broken leg he suffered in his second successive defeat by Dustin Poirier last summer.
He is expected to return to the UFC in the summer.