Soccer-Binance CEO turned down purchase of Chelsea – spokesperson

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Reuters UK

By Tom Wilson, Krystal Hu and Simon Evans LONDON (Reuters) – The chief executive of crypto exchange Binance discussed buying Russian billionaire Roman Abramovich’s Premier League soccer club Chelsea but has ruled out any such deal, a spokesperson for Binance has told Reuters. Changpeng Zhao spoke with the Raine Group, the U.S. investment bank representing Chelsea on the sale, but declined to pursue it as owning a soccer club is not one of his priorities, the spokesperson said. Abramovich put Chelsea up for sale last week after Russia’s invasion of Ukraine triggered an international backlash ag…

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