Jim Ratcliffe admits he is "not giving up" on his last-gasp £4.25billion bid to take over at Chelsea.
The majority shareholder of chemical group INEOS, billionaire Ratcliffe launched his bid to buy the five-time Premier League champions on Friday – way after the initial deadline of March 18.
In a statement, Ratcliffe pledged to invest £1.75billion into the club over 10 years, while ensuring they are "held in the same regard as Real Madrid, Barcelona or Bayern Munich."
Company director Tom Crotty said on Wednesday that the offer had been rejected by American investment firm Raine, which is handling the sale of the club.
The UK government – with whom Ratcliffe claims to have held "positive talks" – is expected to issue a new licence that will enable Chelsea to be sold following the identification of a preferred buyer.
But despite the initial setback and although he is yet to communicate with Blues owner Roman Abramovich, Ratcliffe remains hopeful an agreement can be reached.
"Consideration should be given to a British bid," he said.
"We had a communication with Raine and met with them at the end of last week. We presented a bid, but have heard very little back from them.
"My message to Raine is don't discount our offer. We are British and have great intentions for Chelsea. If I was Raine, I wouldn't close any door."
"It is a big decision to buy a national asset, and it's a big commitment in terms of time and money.
"We're there for the long term that's a lot of responsibility to take on, and it takes time to reach a decision to be fully committed.
"We got there at the end of the day, and we are committed. We're not giving up."
Ronaldo delivers another hat-trick as Al Nassr ease past Al Wedha
Cristiano Ronaldo crafted a decisive hat-trick as Al Nassr hammered Al Wedha 6-0 in Saturday's Saudi Pro League meeting.
Portugal veteran Ronaldo found the net twice in the first 12 minutes at Al Awal Park before completing his treble after the interval.
Sadio Mane teed up Ronaldo's third finish, as well as an 18th-minute strike from Otavio, who returned the favour for the Senegal international to score on the stroke of half-time.
Mohammed Al Fatil added a late sixth as Al Nassr recorded their seventh straight league win since their March 7 loss against Al Raed, moving them back within nine points of leaders Al Hilal.
Jorge Jesus's Al Hilal swept Al Tauwoon aside in a 3-0 away triumph on Friday for their fourth straight victory across all competitions.
Talisman Aleksandar Mitrovic opened the scoring at King Abdullah Sport City Stadium before Saud Abdulhamid and Saleh Alsherhi wrapped up a win that kept Al Hilal in charge of the title race.
There was no such fortune for fifth-placed Al Ittihad as they fell to a third straight defeat in all competitions after a 3-1 loss away against Abha.
Jota levelled after Grzegorz Krychowiak's 57th-minute penalty, only for Hassan Al-Ali and Fabian Noguera to power hosts Abha to a comfortable win.
Girona 4-2 Barcelona: Hosts secure Champions League football while ending Blaugrana's title hopes
Girona beat Barcelona 4-2 to secure Champions League qualification and gift Real Madrid their 36th LaLiga title.
Madrid, who have lost only once in the league this season, hold a 13-point advantage over second-placed Girona, while Barca dropped to third after Saturday's loss.
The victory saw Girona seal European football for the first time in their history.
A brace from substitute Portu helped LaLiga's surprise package Girona to humble their Catalan rivals.
Andreas Christiansen scored in the third minute to give Barca the lead but Girona hit back a minute later, with LaLiga's top scorer Artem Dovbyk heading in the equaliser.
Robert Lewandowski put the visitors back ahead from the penalty spot just before the break.
However, in his first action after coming off the bench, Portu restored parity before Miguel Gutierrez scored from a rebound two minutes later to turn the match on its head.
And that paved the way for a stunning volley from Portu in the 74th minute to secure the win.
Real Madrid's LaLiga joy must be 'contained' ahead of Bayern meeting
Carlo Ancelotti knows Real Madrid's LaLiga title celebrations must be "contained" as they prepare to take on Bayern Munich.
Madrid were crowned LaLiga champions for a record-extending 36th time on Saturday, after Barcelona lost 4-2 to Girona.
The Blaugrana's defeat followed on from Madrid beating Cadiz 3-0 at the Santiago Bernabeu.
Brahim Diaz, Jude Bellingham and Joselu were on target for Los Blancos, whose coach Ancelotti knows restraint is needed in his team's celebrations, with the Champions League semi-final second leg against Bayern coming up on Wednesday.
"It's obviously a contained joy, because the most important game of the season is also very close, but we have to be happy," Ancelotti told Movistar Plus+ before the Barca game had been played.
"These games are difficult to prepare for, because you have Wednesday on your mind. But so far it's been spectacular, our team was steady, with hardly any mistakes. The advantage we have is well deserved.
"A big part [of Madrid's success] was achieved when we started to defend better, with a collective commitment.
"The effort put by the players up front was great, but the injuries early in the season helped us to realise that it wasn't about individuals but putting on a collective effort, and we did great."
Speaking to reporters in the mixed zone, Ancelotti said: "We are very good. It is the seventh victory in a row in the League, a spectacular one as a whole.
"We are very close to winning it and I think we are going to do it with merit.
"It is a celebration taking into account what has to happen on Wednesday. We are all happy with the match, but let's think about Bayern."
Thibaut Courtois, meanwhile, returned from his long injury lay-off to feature for the first time this season.
Ancelotti added: "Thibaut is a very important piece for this team, although [Andriy] Lunin has had a spectacular season and that is a lot of credit to Andriy. But Courtois has returned very well and was decisive. He is doing very well."
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