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Pursuits

US-Saudi Investor, the Medina Spirit Owner, Bids for Chelsea

John Velazquez riding Medina Spirit crosses the finish line to win the 147th running of the Kentucky Derby at Churchill Downs in Louisville, Ky., in this Saturday, May 1, 2021, file photo. Medina Spirit was stripped of the victory in last year’s Kentucky Derby and Mandaloun was declared the winner in a ruling by state racing stewards on Monday, Feb. 21, 2022. (AP Photo/Jeff Roberson, File)
John Velazquez riding Medina Spirit crosses the finish line to win the 147th running of the Kentucky Derby at Churchill Downs in Louisville, Ky., in this Saturday, May 1, 2021, file photo. Medina Spirit was stripped of the victory in last year’s Kentucky Derby and Mandaloun was declared the winner in a ruling by state racing stewards on Monday, Feb. 21, 2022. (AP Photo/Jeff Roberson, File)
THE ASSOCIATED PRESS (ROB HARRIS)

London (AP) -- The owner of disqualified Kentucky Derby winner Medina Spirit is among the bidders for Premier League club Chelsea as part of the accelerated search for a new owner, a person with knowledge of the process told The Associated Press on Tuesday.

Amr Zedan, a Los Angeles-born Saudi investor, has registered his bid with the Raine Group — the bank overseeing the sale of the reigning European and world champions, the person said. They spoke on condition of anonymity because they were not authorized to discuss the bid publicly.