Sir Jim Ratcliffe's Chelsea bid 'rejected out of hand' but he remains interested in club

Ineos CEO, Sir Jim Ratcliffe, has had his late tabled bid of £4.25 billion pounds rejected without hesitation. A rival consortium led by Todd Boehly have until the end of the week to finalise the terms of their agreement.

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[_ハディくん]

atleast Chelsea can restart again from League 2

not big problem, just need a bit of patience

[Martin-rciy]

Well he couldn’t have wanted it that bad

[jayjayjay]

Why did he wait so long to get involved, he would be in the running if he made it earlier, he may still get a chance let's see how it all plays out 👍

[smith]

Someone who actually has the money to run Chelsea.

[marcileiseth]

Thanks Sky Sports for not saying anything..

[kiruishow]

We are in big trouble...hoping for the 👌

[obriendenis]

So if they don't have a license for next season what happens then? Do they get relegated or they just dont run the club ? And if they were not to be able to run the club does that means 4 clubs getting promoted then?

[musculusiv]

I dont care about the Abramowitch loan, these things will sort themselves out eventually... I just hope that Boehly (or Ratcliffe) make the race and not the Riketts, then Chelsea should be fine

[bobbygreen]

Honestly I don’t understand, what gives the government the right to reject the funds from any owner selling his/her assets?

[HassXY-YT]

bro thts like 1.25b higher than what abramovich was demanding. British government maannnn

[ryanperrault]

* Why not allow him to get the proceeds of the sale, but that money has to stay in England and only be used or spent in England? Would that not work?

[chumpter]

I haven’t really been following this Chelsea sale stuff. Can someone update me? Why is Roman being forced to sell Chelsea? What would happen if no one bought it?

[l.apastore]

He didn’t bid 4 billion, he bid more like 2 and pledged another 2 in future spending

[iAmEael]

I’ve been a Chelsea supporter ever since I was born, and lived in West London for years. Hopefully we can get out of this tough situation 🙏

[caesarliamana]

Pure madness totally weird that Abramovich is not entitled to proceeds of the sale. This kind of madness will kill English football in the long run future football owners are watching this will discourage them to invest in English football.

[thefreechannel]

He wasn’t serious about buying it. He would hv bid from the get go. Just wanted to create headlines.

[emmanuelnashville]

1.25bn more than the asking price is insane, why is chelsea and the government wasting time to sell. In business the highest bidder always wins. it will be insane if they don't sell to Jim ratcliffe.

[monkeyguy]

Rejected INEOS bid! Big brands Co alright. 🤔😒

[willsmith]

It’s sad if they have someone that will buy the club just to earn more money just like Tottenham 😂🤣

[flemster]

Unfortunately for anyone who wants to see Chelsea "go bankrupt" or "drop to league one"... that just won't happen. Chelsea is a HUGE club (whether you like it or not, their success has made it so). It's not like Rangers who had a whole bunch of creditors to pay and had nothing and no viable bids from owners. There were many bids for Chelsea and the government (who would want Chelsea to still do great because of its commercial value worldwide) can amend their sanctions so that Chelsea will survive and will get new owners.

Sky Sports are fooling you with sensationalized headlines to get views. Chelsea have until June 8th to get themselves sorted. They'll be FINE.