On Thursday evening it was announced that the consortium that purchased Chelsea 12 months ago, BlueCo, had an agreement to invest in a stake in Racing Club de Strasbourg Alsace. The move appears to be the first step in Todd Boehly and co's plans to set a up a multi-club model.
From the outset of the group's ownership of Chelsea, forming a cohesive multi-club model has been part of the ambition. The Blues want to better control the development of their players as well as more efficiently controlling costs by utilising their own pathways in addition to offering multiple access points.
BlueCo said in a statement: "This strategic investment would further our presence in European football, alongside our ownership of Chelsea. We believe it would create huge opportunities to share knowledge and expertise.”
