Sir Jim Ratcliffe says their bid for Chelsea is aimed at carrying on the legacy of selling owner Roman Abramovich.
As part of its bid, Racliffe’s Ineos has promised the £2.5bn asking price for Abromovich’s stake, with an additional £1.75bn investment over the next decade.
Ratcliffe is considering a staged transformation of Stamford Bridge into a potential 60,000+ stadium, rather than demolishing the ground.
Ineos believe the offer represents the best deal for Chelsea Football Club.
Ratcliffe is committed to continuing what Abramovich did for Chelsea with a long-term investment plan.
And asked to explain the delay in his offer, he told the BBC“It’s quite simple – it’s a big decision to buy a national asset and it’s a big commitment in terms of time and money.
“We’re here for the long haul, it’s a lot of responsibility to take on and it takes time to make a decision to fully commit.
“We got there at the end of the day and we committed. We’re not giving up.”
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