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The Guardian - UK
The Guardian - UK
Sport
Jacob Steinberg and Ed Aarons

Chelsea launch multi-club project by buying majority stake in Strasbourg

Chelsea owner Todd Boehly gestures before the Champions League quarter-final against Real Madrid
Todd Boehly said a multi-club model “can show pathways for our young superstars to get on to the Chelsea pitch while getting them real game time”. Photograph: Tom Jenkins/The Guardian

Chelsea have kickstarted their multi-club project by buying a majority stake in Strasbourg. The deal is a major boost for the Premier League club’s owners, Todd Boehly and Clearlake Capital, who have been looking for suitable clubs to purchase since last summer.

The initial expectation had been that Chelsea would be forced to settle for a minority stake in Strasbourg, leaving them unable to exert full control over the French club. Sources questioned whether there would be any benefits to such a deal for Chelsea and further talks were held.

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