Roman Abramovich

Britain’s richest person Jim Ratcliffe has seen a bid to buy Chelsea rejected by billionaire owner Roman Abramovich.

Multinational petrochemicals giant Ineos owner, Ratcliffe, expressed an interest in buying the club amid speculation Abramovich could be willing to sell.

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But the Russian oligarch made it clear he had no intention of cutting ties with Chelsea, despite his recent decision to halt plans for a new stadium because of his UK visa issues.

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

Sportmail reports that Ratcliffe is among a number of approaches that have been rejected, including from China.

Ratcliffe already owns a football club in Switzerland and has a personal fortune of more than double that of Abramovich.