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Hamilton and INEOS miss out with bids for Chelsea FC
Lewis Hamilton has been unsuccessful in his bid to be part of a consortium to buy Chelsea Football Club. And INEOS - the co-owners of the Mercedes F1 team - looks similarly set for disappointment in its own separate offer to take over the soccer squad. Chelsea is up for sale after its current owner, billionaire oligarch (and close ally of President Putin) Roman Abramovich was included on worldwide sanctions lists in the wake of Russia's invasion of Ukraine. The club is currently operating on a special licence while the sale is pushed through. That ends on 31 May, and UK Culture Secretary Nadine Dorries warned this week that the club was on "borrowed time" to complete the deal....
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