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

* Chelsea pay £65m for close to 100% stake in French side * Boehly has been looking for suitable clubs since last summer 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. Continue reading...

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