Kings owner Vivek Ranadive readying a bid for Chelsea FC

Sacramento Kings owner and technology mogul Vivek Ranadivé is readying a bid for Chelsea F.C., the English soccer team put up for sale by Russian billionaire Roman Abramovich. Ranadivé is putting the final touches on a bid for the London squad, according to people familiar with the matter who asked not to be named because they aren’t authorized to speak publicly.