The American newspaper, "Bloomberg", reported today, Wednesday, that Sir Jim Ratcliffe's offer to buy Chelsea FC was rejected, but he is still interested in the matter.

The 69-year-old billionaire, who is chief executive of Ineos Group Ltd and is widely seen as Britain's richest person, made a last-minute £4.25 billion bid for the blues on Friday, the newspaper reported.

The owner of the French club Nice is seeking to acquire the ownership of the "Blues", after the Russian billionaire, Roman Abramovich, was forced to offer the club for sale due to the Russian-Ukrainian conflict.

Sir Jim Ratcliffe made a sensational belated bid for Chelsea, pledging to invest "1.75 billion pounds" in the club over the next 10 years, with the bid sent to the Commercial Bank of America in charge of the operation.

Ratcliffe said about his bid to buy Chelsea: "Our offer is the only British offer to buy the club, we want Chelsea to continue under the English principality and our goal is not only to make money because we are making it in other ways."