Published: Mon, June 11, 2018
Sport | By Gary Shelton

Roman Abramovich rejects approach to sell Chelsea to Britain's richest man

Roman Abramovich rejects approach to sell Chelsea to Britain's richest man

Russian billionaire Roman Abramovich has insisted that he has no plans of selling Chelsea football club anytime in the near future.

British businessman Jim Ratcliffe was linked to taking over Chelsea football club as Abramovich's successor but Chelsea rejected his offer after an approach.

Purchasing the Blues would cost Ratcliffe over £1bn but the bid was rejected by our Russian owner as he made it clear he is not looking to severing any ties with the Premier League club, despite recent issues.

Abramovic was incensed at not being allowed to watch his club play in this year's FA Cup Final on May 19 and within days he applied for and was granted Israeli citizenship, fuelling speculations that he might be considering dumping his investments in England including the club he bought in 2003 for about £140million.

His apparent approach is reportedly one of a number Abramovich has snubbed.

He also knows all about running football clubs after purchasing FC Lausanne-Sport in November - who were relegated from the Swiss Premier League last season.

Google CEO unveils new era of robots that sound like humans
Nor will AI be applied in technologies that gather or use information for surveillance against internationally accepted norms. Several employees even resigned in protest , concerned that Google was aiding the development of autonomous weapons systems.

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

At the last count, Sunday Times estimated Ratcliffe's net worth be around KSh 2.7 trillion while Chelsea's owner Abramovich is worth KSh 1.2 trillion.

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.

The Treasury refused and for six years the Ineos headquarters remained in Switzerland.

The Mail quote a "friend" of Ratcliffe with regards to any deal involving Chelsea, as saying: "Shelling out £2bn or so would seem like a drop in the ocean for Jim but at the moment he is torn about what to do".

Mr Ratcliffe's spokesman said: 'We can not comment on rumour and speculation'.

Like this: