Chelsea FC may become an English owned club again !

The club formally known as Chelski was put up for sale after its Russian owner decided the game was up , bids have been made and rejected but now Sir Jim Ratcliffe , boss of Ineos chemicals company , has tabled a bid of £4.25bn.

"This is a British bid, for a British club.

"We believe that a club is bigger than its owners who are temporary custodians of a great tradition. With responsibility to the fans and the community.

"That is why we are committing to spending £1.75bn over 10 years that will be for the direct benefit of the club.

"We will invest in Stamford Bridge to make it a world-class stadium, befitting of Chelsea FC.

"This will be organic and ongoing so that we will not move away from the home of Chelsea and risk losing the support of loyal fans.

"We will continue to invest in the team to ensure we have a first-class squad of the world's greatest players, coaches and support staff, in the men's and women's games.

"And we hope to continue to invest in the academy to provide opportunity for talented youngsters to develop into first class players."
news.sky.com...

Not a Chelsea fan but it's a move that bucks the current trend of foreign ownership of Premier league clubs and I'm all for that.

Ratcliffe looks like a guy you could sit down and have a pint with.

Really? You ever heard of Newcastle?

a reply to: lakenheath24

Saudi money.

a reply to: gortex


Is that somehow better than Russian money?

a reply to: lakenheath24

No , I'm against foreign ownership of British clubs.

a reply to: gortex

Ahh, well just sayin I don't see a trend is all.

www.football-stadiums.co.uk...


You gotta pay for those exorbitant salaries somehow though.

GO BLUES!! OLAY OLAY OLAY OLAY CHESLEA CHESLEA!!

I don’t follow English soccer much, is that team where Ted Lasso is going to be the coach?

a reply to: gortex

It looks like the bid by an American-Swiss consortium could be the preferred choice. Although, a decision has yet to be made by the Uk Government.

www.theguardian.com...

Todd Boehly’s consortium has been chosen as the preferred bidder in the race to buy Chelsea from Roman Abramovich, despite Sir Jim Ratcliffe announcing that he had made a late offer worth more than £4bn.

Sources around the process said on Friday that Boehly’s group had seen off competition from rival bidders. There has been no official confirmation from any of the parties involved in the sale but a decision is expected to be announced soon.

a reply to: gortex

Jim Ratcliffe may have a British passport but he is registered for tax in Monaco.

Same schyte, different face.