Chelsea owners BlueCo have secured a deal to become the new shareholders of French club RC Strasbourg, who finished 15th in the recently concluded Ligue 1 season.

Under the terms of the deal, Strasbourg president Marc Keller, who played for West Ham, Portsmouth and Blackburn between 1998 and 2002, will remain in his position.

BlueCo is the parent company created by Todd Boehly and Clearlake Capital that bought Chelsea last summer. The move to acquire Strasbourg has already drawn similarities with City Football Group and their multi-club stable that includes clubs in the Spain, France, the United States, Australia, Japan, China, India, Uruguay and more.

More to follow...

This article was originally published on 90min as Chelsea owners become new Strasbourg shareholders.