Ratcliffe also revealed that he wants to turn Chelsea into a club of “the same stature as the city of London,” and amid an ongoing stadium row, the billionaire has promised to offer Stamford Bridge a “world-class capacity” and would not rename the ground.
There would also be significant investment into Chelsea’s women’s and academy teams, as Ratcliffe looks to benefit the club in all areas. But for now, his bid has been rejected, and Chelsea are now closer to finding a new owner.
The Chelsea ownership saga rolls on, as the club are still yet to find a new owner in the wake of Abramovich’s sanctions. The Russian was sanctioned by the UK government for his alleged involvement with Vladimir Putin earlier this year.
A consortium led by LA Dodgers owner Todd Boehly is understood to be the preferred bidder for Chelsea at this moment in time. But Ratcliffe is making a late charge to poach the deal away from the American.
And as he attempts to persuade Raine to reconsider, he has opened up to the BBC, as he said: “Consideration should be given to a British bid. We had communication with Raine and met with them at the end of last week.