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.
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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.