Chelsea Owners Buy French Ligue 1 Club Strasbourg
News 18The American owners of English Premier League giants Chelsea on Thursday sealed a deal to take control of French Ligue 1 outfit Strasbourg. “This agreement marks a new chapter in the history of Strasbourg as the consortium is committed to accelerating sustainable investments in the growth of the club,” the BlueCo consortium said in a statement. “ the first team and in the academy, in the continuity of the project implemented by Marc Keller, who will remain chairman of the club, supported by his current management team.” The consortium led by American businessman Todd Boehly and US-based Clearlake Capital endured a torrid first year in charge of Chelsea. “But we were aware that we had reached the ceiling of our model, and that if we wanted to continue to advance the club into a new dimension, we had to be accompanied by a solid structure capable of supporting our development and our ambition.” He added: “I therefore welcome a new strategic investor, with whom we will accelerate the club’s ambition to build the Strasbourg of tomorrow.” A source at the club said there “will be no affiliation with Chelsea”.