Britain’s richest man has commented on Chelsea price as Abramovich seeks £3bn

Britain’s richest man once commented on Chelsea’s ludicrous £3billion price-tag as Roman Abramovich looks to raise a hefty sum from its sale.

Russian billionaire Abramovich confirmed his decision on Wednesday to sell the club in an emotional message to fans, 19 years after first arriving in west London.

Abramovic’s decision comes in light of the UK government’s expected sanctions as a result of Russia’s invasion of Ukraine, with reports suggesting the oligarch is looking for a whopping £3billion for his asset.

It comes after Britain’s richest man Sir Jim Ratcliffe previously scoffed at the price-tag slapped on top English football clubs after speculation arose over his bid to buy the Blues back in 2019.

Radcliffe told The Times in 2019: "Even though clubs have those valuations today, nobody has ever paid those amounts of money.

"How much did Abramovich pay for Chelsea, £100 million? The Glazers, what £500 million? You can say it's worth three, four billion but no one has ever paid those sums.

"Ineos has always tried to take a sensible approach. We don't like squandering money or we wouldn’t be where we are today. It's part of our DNA, trying to spend sensibly."

Ratcliffe is known for having a season ticket at Stamford Bridge despite being a Manchester United fan.

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The £20billion business mogul became mega-rich thanks to his multi-nationals chemicals company Ineos and currently owns Ligue 1 side Nice.

Ratcliffe also went on to slam the Glazers’ ownership of United, saying: “They are in quite a big pickle as a business.

"(Ineos) never wants to be the dumb money in town, never, never."

Nice have struggled to break into the top Ligue 1 spots in recent seasons, but are currently thriving in third place this campaign.

With the Blues now actively needing a new owner, however, it remains to be seen if Ratcliffe will launch a bid for the “stratospherically” priced club.

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