British Billionaire Launches Late Bid Of £4 Billion To Buy Chelsea, In Position To Close Deal This Weekend

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British Billionaire Launches Late Bid Of £4 Billion To Buy Chelsea, In Position To Close Deal This Weekend

Late bid launched to purchase Chelsea.

​Sir Jim Ratcliffe has made a sensational, late bid of more than £4 billion to buy Chelsea - with the mega offer sent to a merchant bank.

According to The Times, the British billionaire held discussions with club chairman Bruce Buck yesterday and has launched a late attempt to beat off three American consortium.​​

Image: PA
Image: PA

Ratcliffe, who supports Manchester United, ​has said the offer would include a pledge of investing £1.75 billion over ten years in terms of developing the stadium, team and infrastructure. 

As well as meeting the valuation of about £2.5 billion for the purchase of the club. 

What's more, Ratcliffe ​has claimed his company, Ineos, are primed to send the money and close the deal for the Stamford Bridge outfit THIS WEEKEND if required. 

Image: PA
Image: PA

The 69-year-old has also said he has discussed the deal with the UK government.​

"We put an offer in this morning," he revealed. "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."​

Outgoing owner Roman Abramovich​ is thought to be demanding a whopping £2.5 billion to hand over Chelsea. 

But Ratcliffe's staggering offer has surpassed that figure. 

He's one of Britain's richest men and is valued around £21 billion. 

Featured Image Credit: PA

Topics: Chelsea, Football