British billionaire Jim Ratcliffe, linked with a possible purchase of Chelsea Football Club, is not interested in buying the team from Russian owner Roman Abramovich, a spokesman for his company INEOS told Reuters.
British media reports had said that Ratcliffe - the wealthiest man in the UK - was considering a bid for Chelsea but the spokesman told Reuters: 'There is no substance to the stories.'
Abramovich said on Wednesday he would sell Chelsea Football Club, 19 years after buying the Premier League team, amid calls in Britain for sanctions against him following Russia's invasion of Ukraine.