Tribal Money

Ratcliffe promises long-term plan for Chelsea

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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