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Sacramento Kings owner 'joins race to buy Chelsea'

Sacramento Kings owner 'joins race to buy Chelsea'
© Reuters
Vivek Ranadive, the owner of the Sacramento Kings, reportedly emerges as the latest name to express an interest in buying Premier League club Chelsea.

Vivek Ranadive, the owner of the Sacramento Kings, reportedly emerges as the latest name to express an interest in buying Premier League club Chelsea.

Since Roman Abramovich announced last week that he was parting ways with the West Londoners, there has been widespread speculation regarding potential new owners.

Day by day, a new name enters the conversation with the expectation being that the Russian billionaire will look to conclude a deal as soon as possible.

According to Sportico, Ranadive is in the process of putting together a proposal that he intends to send to Abramovich over the coming days.

Ranadive bought NBA franchise Sacramento Kings back in 2013, and it is suggested that the value of the California-based team is almost five times greater than it was nine years ago.

Other owners of American sports teams, whether they are involved in basketball, American football or baseball, are also said to be interested in acquiring last season's Champions League winners.

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General view of Chelsea's Stamford Bridge taken April 2018
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