Chelsea launch multi-club project with deal to buy majority stake in Strasbourg
Chelsea launch multi-club project with deal to buy majority stake in Strasbourg
Chelsea, whose co-owner Todd Boehly has been looking for suitable clubs since last summer, are paying £65m for close to a 100% stake
Officially confirmed by Strasbourg
The shareholders of Racing Club de Strasbourg Alsace today announced an agreement with BlueCo, the consortium that bought Chelsea FC in May 2022.
The Athletic’s story
The move marks the intent of Chelsea’s owners in wanting to invest in other teams and build a multi-club model. In their year under the ownership of Clearlake Capital, Todd Boehly, Mark Walter and Hansjorg Wyss, Chelsea had been exploring a multi-club model, in which they would be one of a network of clubs, similar to the Red Bull group or City Football Group.