c/chelseafc · by LiberalDude@lemmy.world · 3y

Chelsea launch multi-club project with deal to buy majority stake in Strasbourg

https://www.theguardian.com/football/2023/jun/22/chelsea-agree-to-buy-majority-stake-in-strasbourg-to-launch-multi-club-project

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.

Official source

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LiberalDude@lemmy.world · 1 pts · 3y

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.