CHELSEA’S latest bidder Sir Jim Ratcliffe has promised to make the club as big as Real Madrid.
Ratcliffe, one of Britain’s richest people, launched a last-gasp £4.25BILLION bid to buy the Blues and joined three other interested parties.
Sir Jim Ratcliffe has promised to turn Chelsea into a club as big as Real Madrid Credit: PA Outgoing owner Roman Abramovich is believed to require £2.5bn and Sir Jim has blown that figure out of the water as he aims to bring some of the world’s best players.
The chairman of Ineos added that this is a true “British bid, for a British club” and wants to invest in the growth of the stadium, squad as well as the academy.
A statement from Ineos read: “Sir Jim Ratcliffe, chairman of Ineos, has made a formal bid for Chelsea FC, for £4.25bn.
“£2.5bn is committed to the Charitable Trust to support victims of the war, with £1.75bn committed to investment directly into the club over the next 10 years. This is a British bid, for a British club.
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The best free bets and sign up offers available from our bookmaker partners “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.
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“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.
“We believe that London should have a club that reflects the stature of the city. One that is held in the same regard as Real Madrid, Barcelona or Bayern Munich. We intend Chelsea to be that club.
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Sir Jim Ratcliffe launched a last-gasp bid to buy Chelsea and has big plans Credit: PA “We are making this investment as fans of the beautiful game – not as a means to turn a profit. We do that with our core businesses. The club is rooted in its community and its fans. And it is our intention to invest in Chelsea FC for that reason.
“No further comment will be made from Sir Jim or INEOS during the bidding process.”
Source: Soccer - thesun.co.uk
