Sir Jim Ratcliffe has seen his £4.25billion offer to buy Chelsea 'rejected out of hand' - but Britain's richest man remains interested in a takeover.
Chelsea's takeover saga is still unresolved with the club hoping to restructure their sale after Roman Abramovich backtracked on his promise to write off their £1.6bn debts - leading to concerns the deal could be delayed and putting the club's future at serious risk.
LA Dodgers chief Todd Boehly now looks the clear favourite to be selected as the preferred bidder after Ratcliffe's bid was turned down, while the consortium headed by Sir Martin Broughton and Lord Seb Coe is unlikely to be chosen either.