Britain's richest man Sir Jim Ratcliffe has submitted an offer of £4 billion to buy Chelsea.
Roman Abramovich placed Chelsea on the market last month and Ratcliffe has now emerged as a credible successor to the Russian with an eleventh-hour offer. Ratcliffe has been linked with buying Manchester United from the Glazers over the years.
“We put an offer in this morning,” Ratcliffe told The Times. “We are the only British bid. Our motives are simply to try and create a very fine club in London. We have no profit motive because we make our money in other ways.”
