Sir Jim Ratcliffe’s Chelsea bid ‘rejected out of hand’, Ineos director confirms

Ratcliffe has not given up hope of shopping for the clubBoehly group in talks aimed toward agreeing buy

Sir Jim Ratcliffe’s £4.25bn bid for Chelsea has been “rejected out of hand” by the US financial institution overseeing the sale however he has not given up hope of shopping for the membership, a spokesperson for his enterprise Ineos has stated.

Ratcliffe made a late provide final Friday, two weeks after the deadline, however a consortium led by Todd Boehly have been granted preferred bidder status and they’re in a five-day exclusivity interval, making an attempt to agree a take care of the membership’s present proprietor, Roman Abramovich.

Continue reading…Ratcliffe has not given up hope of shopping for the clubBoehly group in talks aimed toward agreeing purchaseSir Jim Ratcliffe’s £4.25bn bid for Chelsea has been “rejected out of hand” by the US financial institution overseeing the sale however he has not given up hope of shopping for the membership, a spokesperson for his enterprise Ineos has stated.Ratcliffe made a late provide final Friday, two weeks after the deadline, however a consortium led by Todd Boehly have been granted most popular bidder standing and they’re in a five-day exclusivity interval, making an attempt to agree a take care of the membership’s present proprietor, Roman Abramovich. Proceed studying…Soccer | The Guardian

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