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Football London
Football London
Sport
Danyal Khan

Next Chelsea owner: Binance CEO Changpeng Zhao rules out takeover amid Roman Abramovich sale

Chinese billionaire and CEO of Binance Changpeng Zhao has ruled himself out of the Chelsea ownership race for one reason in particular.

Roman Abramovich confirmed he is looking to sell Chelsea last week in a statement on the club's website, with several interested parties already being mentioned. The Russian billionaire has reportedly put a £3billion price-tag on the west London club as he ends his 19-year affiliation at Stamford Bridge - though that may come down due to the current situation.

Zhao might have joined a list of 1,063 owners who reportedly could match the required valuation in the forthcoming weeks and months.

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