Chelsea’s official website announced that BlueCo Group has reached an agreement to become a major shareholder of French club Strasbourg.
Under the agreement, BlueCo will invest in Strasbourg’s first team and academy, while Marc Keller will remain chairman of the club, where he has been at the helm since 2012.
Strasbourg has since been promoted from the 3rd division to Ligue 1. They have competed in the French league for the past 6 seasons and won the French League Cup in 2019. Last season, the club finished 15th in Ligue 1.
“This is an important day for Strasbourg. That’s what my shareholder friends and I have been thinking about for the past two years,” said Keller.
“We have built a strong club at every level and are well managed. Although there are no pressing financial problems, we know that we have reached the ceiling.
If we want to continue to push Strasbourg forward and into a new dimension, we must have a solid structure to support our growth and ambitions.”
Details of the stake were not disclosed but sources told ESPN that the BlueCo consortium will have close to 100% ownership after paying 75 million euros.