Premier League club Chelsea‘s American owners have agreed to buy a stake in Ligue 1 club Strasbourg. The consortium, which purchased the Premier League club in May last year, has become the new shareholders “subject to a consultation process with the relevant employee representative bodies”.
The club released a statement stating, “It is an honour for us to be part of this historic club. We are committed to preserving the heritage of Racing and are focused on working closely with Marc and his management team to continue the excellent work they have been doing. 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.”
The statement stated, “The agreement would mark a new chapter in Racing’s history as the ownership consortium commits to accelerate sustainable investment in the club’s growth, including in the first teams and in the Academy, in continuity with the project implemented by Marc Keller, who would remain president of the club, supported by his current management team.”
“Through its involvement and recognised expertise in sport, BlueCo plans to make an active contribution to the development of the model implemented by Marc Keller, first, financially, by providing capital that will enable investment in the men’s and women’s first teams, the Academy and across the club,” the statement further read.
“In accordance with Professional Football League regulations, the project was presented today to the Direction Nationale du Contrôle de Gestion (DNCG), whose assessment is expected in the coming weeks.” BlueCo believes the “strategic investment” would enhance its presence in European football.
Racing Club de Strasbourg Alsace was placed 15th in the 2022-23 Ligue 1. The club managed to garner 40 points in a total of 38 completed matches.