Mr Abramovich's desire is to see a total of £2.5bn donated to charity, with a further £1bn-£1.5bn going to Chelsea in the form of investment in its stadium, academy and women's team. That would ensure a total financial commitment from Chelsea's next owners of £3.5-£4bn (Sky)

https://www.bbc.co.uk/sport/football/61261146
 

Seems the government are getting sick of the delay. Ominous if we don’t get it done quickly 

1 hour ago, charierre said:

https://www.bbc.co.uk/sport/football/61261146
 

Seems the government are getting sick of the delay. Ominous if we don’t get it done quickly 

Go f*ck yourself lady.

While it is admirable that Roman is trying to raise more money for Ukraine, this alleged demand for an increased fee definitely doesn't help his old club at all. It could scare off the bidders, and certainly reduce the amount the new owners are prepared to spend once they have acquired the club.

8 hours ago, charierre said:

https://www.bbc.co.uk/sport/football/61261146
 

Seems the government are getting sick of the delay. Ominous if we don’t get it done quickly 

I wonder if the culture secretary has ever been to a football match.  Tell me Nadine, how does blocking ticket sales, all of which could be donated wherever you choose, help culture?

Sources close to one of the rival parties bidding for Chelsea have told @SamiMokbel81_DM that they believe it is Todd Boehly’s bid is in front, heading into the final days of the process.

I can’t imagine any of the bidders will be pleased to be asked for another 500 million, especially given how things look on the pitch. This clearly still has the potential to go completely belly up for the club. And if anyone does put up another 500m, then I imagine there will be even less hope of them spending on the football team.

RAs desire for x.y and z to happen, I said when his passport was not renewed he should have sold.

Govt suggesting extra £500m is needed.

I could understand both pulling out though expect compromises will be counter offered.

I suppose there is always a default of Nick Candy and we could move forward owing £1.5bn to RA and perhaps paying interest on that to an  escrow loan.  

An article by Matt Lawton in the Times suggests that bidders are balking at the late request to stump up an additional 500m.

59 minutes ago, forbzy said:

An article by Matt Lawton in the Times suggests that bidders are balking at the late request to stump up an additional 500m.

Imagine if all 3 put their hands up and said "too rich for my blood" and walked away.

What would the government do then?

1 minute ago, axman2526 said:

Imagine if all 3 put their hands up and said "too rich for my blood" and walked away.

What would the government do then?

Reintroduce the other bidders that didn't make the final 4 I imagine. 

8 minutes ago, Sconnie Blue said:

Reintroduce the other bidders that didn't make the final 4 I imagine. 

Maybe, if they will stump up that level of cash too.

1 minute ago, axman2526 said:

Maybe, if they will stump up that level of cash too.

Pocket change for SMG

19 minutes ago, axman2526 said:

Imagine if all 3 put their hands up and said "too rich for my blood" and walked away.

What would the government do then?

That is a good question. They would have a couple of options. I believe they currently only froze the assets of Roman, but could they seize them and then take control of the selling process to speed things up? Or more likely they rub their hands together, say "we tried", and watch us go into administration.

The #Chelsea preferred bidder was hoped to be named this week but that is now 'very unlikely'. 

[via @tariqpanja]
 

Sigh….

Breaking: Sir Jim Ratcliffe has made a late bid of more than £4BN to buy #Chelsea. He sent the bid to Raine this morning.

[via @TimesSport]

Sir Jim Ratcliffe:

"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."

[via @TimesSport

 

What??!!!

6 minutes ago, JM7 said:

Breaking: Sir Jim Ratcliffe has made a late bid of more than £4BN to buy #Chelsea. He sent the bid to Raine this morning.

[via @TimesSport]

Sir Jim Ratcliffe:

"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."

[via @TimesSport

 

What??!!!

It's never ending 🥴

10 minutes ago, JM7 said:

Breaking: Sir Jim Ratcliffe has made a late bid of more than £4BN to buy #Chelsea. He sent the bid to Raine this morning.

[via @TimesSport]

Sir Jim Ratcliffe:

"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."

[via @TimesSport

 

What??!!!

Wasn't he interested in buying us a few years back?

More on the Ratcliffe bid:
 

Ineos owner Sir Jim Ratcliffe makes late £4 billion bid for Chelsea
exclusive

Matt Dickinson
Friday April 29 2022, 1.55pm, The Times

Sir Jim Ratcliffe has made a late, sensational bid of more than £4 billion to buy Chelsea. The British billionaire sent the bid to the merchant bank which is conducting the process this morning.

The owner of Ineos, the petrochemicals giant, held discussions with Bruce Buck, the Chelsea chairman only yesterday and has launched a late attempt to beat off three American consortium.

"We put an offer in this morning," Ratcliffe told The Times. "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."

Ratcliffe said that the offer would include a pledge of investing £1.75 billion over ten years in the club in terms of developing the stadium, team and infrastructure - on top of meeting the valuation of about £2.5 billion for the purchase.

Given the size of Ineos and the resources of a vast privately-owned company, Ratcliffe said that Ineos was in a position to send the money and close the deal this weekend if required. He said that he had also discussed the deal with government.

Could actually be very good news!

Didn't he originally say he wasn't interested, wonder what's made him change his mind this late in the game

1 minute ago, Mod said:

Could actually be very good news!

Couple of questions for me here though.

For one there were deadlines put in place for bidders to make their offer, do why should an exception be granted when Sir Jim had ample time to bid before hand and now makes an 11th hour bid?

If Raine and Roman decide to allow it how long due diligence will be needed to investigate his bid and the PL to pass him and his consortium as fit and proper owners?

How much thought has been put in to this by them? What are their commitments to the academy? stadium? CPO and foundation? Women's team etc? Is all very well saying "we will put in 1.75bill over 10 years but the stadium alone will cost that to rebuild if not more.

We are already a "very fine football club" in London. So is the ambition just to maintain and not grow?

Lots of questions.

Chelsea season ticket holder but is a MU fan..okay.

Anyway this seems to be in the front then...

25 minutes ago, Upsetter said:

Given the size of Ineos and the resources of a vast privately-owned company, Ratcliffe said that Ineos was in a position to send the money and close the deal this weekend if required. He said that he had also discussed the deal with government.

Both Todd Boehly and the Ricketts said they could close a deal that fast too. That worked out well.

Think they are forgetting the PL seal of approval.