BlueCo, the owners of Chelsea, has agreed to buy a stake in French club RC Strasbourg, who placed 15th in the just-concluded Ligue 1 season.
Marc Keller, president of Strasbourg, who played for West Ham, Portsmouth, and Blackburn between 1998 and 2002, will continue in his role as per the agreement.
Chelsea was acquired by Todd Boehly and Clearlake Capital’s parent firm, BlueCo, last summer. The acquisition of Strasbourg has already been compared to the multi-club stable of City Football Group, which comprises clubs in Spain, France, the United States, Australia, Japan, China, India, Uruguay, and more.
“This is an important day for Racing,” Keller stated. “It’s something my shareholder friends and I have been thinking about for the past two years. We’ve built a club that’s healthy at every level and well managed. Although there was no financial urgency, we were aware that we had reached the ceiling of our model, and if we wanted to continue driving Racing forward and projecting it into a new dimension, we necessarily needed to be accompanied by a solid structure capable of supporting our development and our ambition.”
“I am therefore delighted of the perspective to welcome a new strategic investor, with whom we would accelerate the club’s ambition to build the Racing of tomorrow.”
