Sir Jim Ratcliffe has confirmed that he has lodged a late bid to buy Chelsea.
The British billionaire was rumoured to have thrown his hat in the ring to complete a takeover of the west London club despite Raine Group having already named their preferred bidders.
However, Ratcliffe is now a late contender to complete a deal for the Blues with it being confirmed that he has made a bid and laid out what he intends to do once a takeover goes through. He released a written statement on Friday afternoon nearly two months after Roman Abramovich initially indicated his desire to sell.
