Sir Jim Ratcliffe, the owner of petrochemical behemoth Ineos, has launched a spectacular last-minute bid for Chelsea. Ratcliffe, one of Britain's wealthiest men, has previously been linked with a takeover of Chelsea, but a spokeswoman for the club recently denied suggestions that he could succeed Roman Abramovich. Following the sanctioning of Russian billionaire Roman Abramovich, the race to buy the club was reduced to three contenders, with consortiums led by former Liverpool chairman Sir Michael Broughton, LA Dodgers part-owner Todd Boehly, and Steve Pagliuca, who co-owns the Boston Celtics, remaining in the running after a fourth prospective owner, the Ricketts family, pulled out. After meeting with Blues chairman Bruce Buck yesterday, Ratcliffe, 69, revealed to The Times that he had submitted a late offer for more over £4 billion to US merchant bank Raine Group, which is supervising the sale, on Friday morning. "Sir Jim Ratcliffe, Chairman of INEOS, has submitted a formal ...
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