New developments in the Chelsea sale, Britain's richest man Ratcliffe issued a statement through his group INEOS, will spend 4.25 billion pounds (about 42 billion Hong Kong dollars) to buy Chelsea, of which 2.5 billion pounds is the price of the acquisition of the club, the other 1.75 billion pounds as the club's future working capital.

Ratcliffe, 69, is the founder of INEOS, a famous British chemical company, and is known as the king of the British chemical industry. According to the Forbes 2022 ranking list, Ratcliffe has become the richest man in Britain with a fortune of $16.3 billion, and he was already interested in acquiring Chelsea as early as 2019, but was rejected by Chelsea's owner, Abramovic, who then switched to acquiring the Ligue 1 team, Nice.

It is reported that there are three potential buyers for Chelsea, including former British Airways chairman Paul Bowden,

Stephen Pagliuca, shareholder of the Boston Celts, and Todd Boehly, shareholder of the Los Angeles Dodgers, an MLB team.

As Abramovic has recently asked three potential buyers to raise the price by an extra £500 million to £3 billion, much to the displeasure of the other parties, Ratcliffe seems to be trying to take advantage of the situation to cut off the bidding.

It is worth mentioning that the Ratcliffe Department

Manchester United Football Club

fans, but he once said he would not buy the Red Devils because the

Manchester United Football Club

Business operations went downhill and acquiring players did poorly again.

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