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Kings owner Vivek Ranadive pushing a bid for Abramovich's Chelsea / News - Basketnews.com

nqajqrqw7months ago (05-17)Tennis Life161
Credit: AP - Scanpix Credit AP - Scanpix

Last week, one of the biggest football clubs in the world - Chelsea - was put on sale by its owner Roman Abramovich. Various entrepreneurs have expressed interest in purchasing the team. Now, Sacramento Kings owner Vivek Ranadive is reportedly strongly pushing his bid to purchase the London's club.

2-pointers this season

Sacramento Kings53%29,2NBAPoints made:29,2Accuracy:52,9%Place in standings:8Record max:40Record min:21Most made 2FGs:De'Aaron FoxTeamNBAStatisticsSchedule

There have been numerous business entities who have publicly stated their desire to buy the team. According to Sportico, Ranadive is putting the final touches on a bid for Chelsea, according to people familiar with the matter who asked not to remain public.

In 2010, Ranadive became the co-owner and vice-chairman of the Golden State Warriors, making him the first person of Indian descent to co-own an NBA franchise. Later in 2013, he bought the Sacramento Kings.

Ranadive bought the Kings at a valuation of $534 million in 2013, a then-record for a basketball team. The Kings are now worth $2.06 billion, according to the latest valuation by Sportico.

Ranadive holds an active role on several committees in the NBA that influence the long-term direction of the league, including the blockchain advisory board and social justice coalition.

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