Iit seemed to me that the buying process Chelsea came to an end as three American candidates sought to take over the team he had hitherto managed Roman Abramovich.
But now their chances have waned because the British billionaire Jim Ratcliffthe owner of INEOS, joined the fray at the last minute.
Ratcliff has a large share in the sports world, for example in Ligue 1 Nice and is a partner AMG-Mercedes Formula 1 team.
The offer includes an investment of around €2bn in the project over the next 10 years to keep the club in the European elite, in addition to the €3bn that will be paid to buy the London club.
INEOS official statement
“This is a British bid for a British club,” the statement said. INEOS statement.
“We will invest in Stamford Bridge to make it a world class stadium worthy of Chelsea FC. It will be organic and continuous so that we do not move away from home. Chelsea and risk losing the support of loyal fans.
“We will continue to invest in the team to ensure we have a top-notch roster of the world’s greatest players, coaches and support staff in the men’s and women’s games.
“And we look forward to continuing to invest in the academy to empower talented youngsters to develop into top-notch players.”