• Ineos owner says he wants to create ‘very fine club in London’
  • Three bids have been under consideration since deadline

Sir Jim Ratcliffe has said he has made a bid to buy Chelsea, two weeks after the deadline for offers.

Ratcliffe, the owner of the British petrochemicals company Ineos, told the Times: “We put an offer in this morning. We are the only British bid. Our motives are simply to try and create a very fine club in London. We have no profit motive because we make our money in other ways.”

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