Vivek Ranadive’s time as owner of the Sacramento Kings has gone about as well as Conan O’Brien’s time as host of “The Tonight Show.” Now Ranadive may be trying his hand in a new sport.
According to a report by Sportico this week, Ranadive is preparing a bid for English soccer powerhouse Chelsea F.C. The Premier League club was recently put up for sale by longtime owner Roman Abramovich.
The report adds that Ranadive would become the first person of Indian descent to own a top-flight English club if his bid succeeds.
Ranadive, who has a reported net worth of over $700 million, purchased a majority stake in the Kings in 2013. Since then, the team has gone just 274-429 (.390) with zero playoff appearances. Ranadive has faced criticism for his ownership style and recently even some calls for him to sell the Kings.
It is unclear what would happen to Ranadive’s stake in the Kings if he goes on to become Chelsea’s owner. But Stan Kroenke, whose holding company owns both the Denver Nuggets and Arsenal F.C., is an example of an owner who holds stakes in both the NBA and the Premier League.
As for Chelsea, they are one of the most prestigious clubs in all of European soccer. Valued at an estimated $3.2 billion, Chelsea are the reigning winners of both the UEFA Champions League and the UEFA Super Cup. They also rank third in the Premier League table this season and boast stars like Romelu Lukaku and Christian Pulisic (of USA Soccer fame).
The last several months have had their bumps for Chelsea though. They will obviously be hoping for more success under Ranadive, if his bid ultimately succeeds, than he has had in the NBA with the Kings.
Photo: October 29, 2014; Sacramento, CA, USA; Sacramento Kings owner Vivek Ranadive celebrates during the second quarter against the Golden State Warriors at Sleep Train Arena. The Warriors defeated the Kings 95-77. Mandatory Credit: Kyle Terada-USA TODAY Sports
Chelsea and Manchester City have withdrawn from the newly-formed European Super League, and lots of fan pressure factored into the decisions.
Chelsea supporters protested outside Stamford Bridge on Tuesday to express their displeasure over the proposed plans to join the new league.
Chelsea Football Club has been around since 1905. Many of the teams in the Premier League have been around for over 100 years. Their fans rejected the notion of spitting on over 100 years of tradition and history all in the name of pure greed from the team owners.
The end result is as of late Tuesday in England, all six Premier League teams that were prepared to join the Super League have withdrawn. The fan outrage had powerful consequences.
Freddie Freeman is a four-time All-Star and the likely NL MVP winner for this year. And if these videos are any indication, his young son Charlie may be soon following in his footsteps.
Freddie clubbed a 2-run home run to give his Atlanta Braves a 2-0 lead against the Los Angeles Dodgers in Game 2 of the NLCS at Globe Life Park in Arlington, Texas on Tuesday. After the homer, FS1 showed Freeman’s wife Chelsea and son Charlie celebrating.
Then they aired a little piece on the Freemans that highlighted Charlie’s baseball skills. Check out this video shared by Chelsea of her 4-year-old son crushing balls off tees inside what appears to be a hotel ballroom.
The young boy also has a good arm:
Chelsea is currently pregnant with twins, meaning the Freemans will be soon adding some more little sluggers to their team. One day long after Freddie retires, we may be seeing some other Freemans in the majors.
European soccer tends to have its established giants, but riches and reputation has proven time and time again to be no guarantee of actual success. Sometimes teams don’t gel; sometimes the weight of expectation proves too much; and sometimes injuries and rot can set in, derailing an entire season before the new year even rolls in.
Here are eight teams from across Europe’s big five leagues — England, Spain, Germany, Italy, and France — who simply have not lived up to preseason expectations thus far in 2017.
Long an Italian soccer powerhouse, it has now been four years since AC Milan finished in Serie A’s top three. The 18-time champions sank as low as tenth in 2014-15 and haven’t even sniffed the Champions League since manager Massimiliano Allegri departed for Juventus in 2014. For a team with as rich a history as Milan has, that was unacceptable.
Subsequently, Milan invested roughly $230 million into new players over the summer, including stalwart defender Leonardo Bonucci and gifted young forward Andre Silva. The expectation was a run at the top four and the opportunity to re-establish themselves on the European stage. The result has been far from it. Milan sit seventh, nine points off fourth place, having lost five of their 12 games thus far. It’s clear that all the investment isn’t paying off — and that’s not acceptable given the heightened expectations.