Popular Billionaire, Sir Jim Ratcliffe’s £4.25bn offer for Chelsea has been rejected. Recall that the majority shareholder of chemical group, Ineos made the late bid on Friday, weeks after the 18 March deadline for bids.
Reacting recently, Ineos director, Tom Crotty said to Bloomberg today, “We’ve been rejected out of hand.”
Ineos also owns Swiss side FC Lausanne and French Ligue 1 side Nice, the former Team Sky cycling franchise, and has interests in Formula 1.
What do you think?
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate