By Adam Shergold for MailOnline
Published: 09:31 GMT, 19 March 2019 | Updated: 09:38 GMT, 19 March 2019
Britain's wealthiest man Sir Jim Ratcliffe is still interested in buying Chelsea but his valuation is vastly below that of owner Roman Abramovich.
Sportsmail broke the news of Ratcliffe's offer for the Premier League side last year but a deal is not close to being done.
Ratcliffe, who has net worth of £21billion, will become the owner of cycling giant Team Sky – naming it Team Ineos after his petrochemicals company – but would like to add Chelsea to his portfolio.
Britain's richest man Sir Jim Ratcliffe retains an interest in buying Chelsea despite becoming the owner of Team Sky this week
Chelsea owner Roman Abramovich values the club at £2.1bn, with Ratcliffe's offer last year was less than that figure
However, Abramovich never took the British billionaire's interest seriously, with the numbers being a long way off the