Saturday, 23 June, 2018

Britain's richest man offers Abramovich £2bn for Chelsea

Jim Ratcliffe ED Jones AFP Getty Images
Shannon Reynolds | 11 June, 2018, 13:29

Britain's richest man Sir Jim Ratcliffe has had a bid for Chelsea rejected by fellow billionaire Roman Abramovich, according to reports.

The report claims that Great Britain's richest man Jim Ratcliffe - the boss of multinational petrochemicals giant Ineos - has made a bid for the West Londoners, which was promptly turned down by Abramovich.

Chelsea's Russian owner is now embroiled in a United Kingdom visa clash with the Home Office, leading to him shelving plans for a new stadium in West London.

As at Friday, June 8, officials of the Premier League side kept mum on the issue, stressing that the club owner remains committed to the football outfit that he bought over a decade ago.

The 65-year-old, who grew up in a council house in Failsworth, Lancashire, was knighted in the Queen's Birthday Honours List.

It means there's been speculation that Abramovich could up sticks after buying Chelsea for £140million in 2003.

Another Million Dollar Lotto Ticket Sold in Mississauga
Another lucky lotto victor in the Thunder Bay area is $500,000 richer following last week's Maxmillions draw. When purchasing a Lotto Max ticket, players choose a set of seven number for three rows.

Gears of War 5 Announced With E3 Reveal Trailer
Kait will take the lead role in this one too, with JD Fenix and his grizzled old dad Marcus also returning to the fold. Gears of War 5 , and Gears Pop weren't the only Gears games announced at Microsoft's E3 2018 conference .

Judge Halts Deportation Of Detained New York Pizza Delivery Man
Cuomo had helped Villavicencio's family obtain free legal aid Friday in an effort to keep the deliveryman from being deported. In March 2010, he was granted voluntary departure by an immigration judge, but failed to depart by July 2010 as ordered.

It comes as Mr Abramovich, 51, struggles to renew his United Kingdom visa in the wake of Theresa May's crackdown on rich Russians living in Britain after the poisoning of Sergei Skripal and his daughter Yulia in Salisbury.

Downing Street has made it clear Abramovich cannot work in Britain on his Israeli passport, although he can visit for up to six months at a time.

He is providing financial backing for the Daily Mile Foundation charity and has said that one of his missions is to improve the country's health.

Ratcliffe's plans to buy Chelsea might not see the light of the day as his offer was quickly discarded, with the Chelsea owner stating he had no intention to sell the club.

A spokesman for the company told the Press Association: "We can't comment on market rumour or speculation".

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