Back to the Chelsea Newsfeed

Chelsea: Sir Jim Ratcliffe 'not giving up' on buying Premier League club

Billionaire Sir Jim Ratcliffe says he is "not giving up" on taking over Chelsea despite "disappointing communication" over his £4.25bn offer.

Ratcliffe, the majority shareholder of chemical group Ineos, made the late bid for the Premier League club on Friday.

Earlier on Wednesday, Ineos director Tom Crotty said the offer had been rejected by the firm handling the sale.

But, speaking to BBC sports editor Dan Roan, Ratcliffe said: "Consideration should be given to a British bid."

A consortium led by LA Dodgers owner Todd Boehly is understood to be the preferred bidder for Chelsea.