Roman Abramovich has made an offer to buy Valencia once the sale of Chelsea goes through, according to Plaza Deportivo.
Abramovich put the Premier League club up for sale last month, before being hit by sanctions by the UK government.
The Russian oligarch has now made a bid for Valencia, after being linked with buying a Turkish Super Lig outfit, Goztepe.
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Rival bidder, Miguel Zorio, has now claimed the current owner of the LaLiga side, Peter Lim, has leaked Abramovich’s bid to the media.
“Peter Lim has tried to sell the club for 250 million euros and has not succeeded.
“Lately, he has leaked to (the) international media that he has two purchase offers, mine and that of the Russian oligarch of Chelsea.
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“And from here, I tell him that either he puts 50 million every year to compensate for the losses he generates or he sells to us. Whether he likes it or not,” Zorio is reported as saying.