Back to the Chelsea Newsfeed

Sacramento Kings owner Vivek Ranadive 'preparing an offer to buy Chelsea'

Daily Mail | March 8, 2022

Related Topics: Chelsea F.C., Vivek Ranadivé, Sacramento Kings, B. T. Ranadive, Roman Abramovich, Stamford Bridge, Woody Johnson, Vladimir Putin, Todd Boehly

Vivek Ranadive, the owner of basketball side Sacramento Kings, is readying a bid to buy Chelsea from Roman Abramovich.

According to Sportico, Ranadive is putting the finishing touches to the proposal he will submit to Abramovich to try and take over the Stamford Bridge club.

Ranadive bought control of the Kings at a $534million (£407m) valuation back in 2013 and at their last valuation by Sportico are now worth £2.06billion.

Vivek Ranadive, the owner of basketball side Sacramento Kings, is reportedly finalising a bid to buy Chelsea
Ranadive (left) is the owner of NBA side Sacaramento Kings, which he bought back in 2013
Ranadive bought control of the Kings at a $534million (u00a3407m) valuation
Abramovich is thought to consider Chelsea to be worth over u00a33billion but it is unlikely gets that fee

Ranadive is a respected owner in the NBA and works on committees that help shape the future direction of the league.

See full article at Daily Mail