Ratcliffe tried to bid for Chelsea, and his last-minute offer angered other bidders
3:10pm, 10 June 2025Football
June 10 According to the Post, the new book "Sanctions: The Insider of Chelsea Football Club Sales" revealed that Ratcliffe tried to intervene in the process of Chelsea's sale to Burleigh.
Bank of America Rennes at that time screened out three candidates, including Burleigh and Qinghu Capital, from the initial 280 intentions, but Ratcliff made a offer at the last minute, trying to push the offer up to overwhelm Burleigh and Qinghu Capital before it won Chelsea’s bid.
According to the description, Ratcliff called then-Chelsea president Bruce Barker in April 2022. During the meeting, Ratcliffe kept slapping his chest, saying that he had a note with a quote in his pocket. But in comparison, other consortiums carefully prepare 140 pages of documents.
Buck asked Ratcliffe to take out the note but failed, who stressed that his offer would be entirely composed of British capital. Barker had to tell Ratcliffe that they had identified the first-choice bidder. On the morning of the same day, Ratcliff still requested a meeting with Rennes and formally made a 4.25 billion pound offer, the same as the other three bidders.
Ratcliff's actions obviously angered other bidders, but as Barker informed, Ratcliff's offer was too late and despite causing some confusion at the last minute, Burley and Qinghu Capital won the bid.
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