Popular billionaire, Sir Jim Ratcliffe has come out to make a dramatic late offer of £4.25 billion to buy Chelsea. This is coming as Boston Celtics co-owner Steve Pagliuca’s group has been dropped from the bidding, and fans have been reacting.
According to him, he plans to invest in Stamford Bridge to make it a world-class stadium befitting of Chelsea FC, and he also intends to invest in the team to ensure the club has a first-class squad of the world’s greatest players.
Jim added that he also hopes to continue to invest in the academy to provide opportunities for talented youngsters to develop into first-class players.
His words, “We will invest in Stamford Bridge to make it a world-class stadium, befitting of Chelsea FC.”
“This will be organic and ongoing so that we will not move away from the home of Chelsea and risk losing the support of loyal fans. We will continue to invest in the team to ensure we have a first class squad of the world’s greatest players, coaches and support staff, in the men’s and women’s games.”
“And we hope to continue to invest in the academy to provide opportunity for talented youngsters to develop into first class players.”
“We believe that London should have a club that reflects the stature of the city. One that is held in the same regard as Real Madrid, Barcelona or Bayern Munich. We intend Chelsea to be that club.”
“We are making this investment as fans of the beautiful game, not as a means to turn a profit. We do that with our core businesses. The club is rooted in its community and its fans. And it is our intention to invest in Chelsea FC for that reason. No further comment will be made from Sir Jim or INEOS during the bidding process.”
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