Chelsea tightlipped on £2bn Ratcliffe takeover offer

Britain's richest man 'offers to buy' Chelsea from Roman Abramovich for £2BILLION

The Mail say Ratcliffe's advances were rejected and that Abramovich made it clear he has no intention of selling Chelsea despite his recent decision to shelve the redevelopment of Stamford Bridge after problems obtaining a United Kingdom visa from the Home Office.

However, his advances to buy the club have been swiftly rejected by the Russian who has informed him he has no intention of selling the Blues.

It follows reports that an offer from British businessman Jim Ratcliffe to buy the club has been rejected.

This is despite his recent visa issues with England's Home Office as well as discontinuing the new stadium project.

Ineos already owns Swiss side Lausanne-Sport.

A spokesman for Ratcliffe did not deny the industrialist's interest in Chelsea. As a result, he applied for and was granted Israeli citizenship.

Jim Ratcliffe, head of petrochemicals heavyweights Ineos (who happens to be a Chelsea season ticket holder), has tried to take advantage of the precarious situation.

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Last month's Sunday Times rich list valued Ratcliffe's wealth at £21.05bn - more than double Abramovich's £9.3bn valuation.

And the current face value of Chelsea is put at a little over KSh 135 billion.

A close ally of President Putin, Abramovich bought Chelsea in 2003 in a deal worth £140million.

The Russian also ensured the club's negative balance that stood at about KSh 10.8 billion was turned around.

Chelsea refused to comment on Friday, stating only that Abramovich remains committed to a club he has owned for 15 years.

The 51-year-old couldn't gain entry into the United Kingdom following his failed attempt to get his visa into the country renewed and following that opted to become an Israeli citizen.

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