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Friday briefing: Chelsea buy majority stake in Strasbourg to launch multi-club project

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23 June 2023 - 4:30 AM

Chelsea’s owners have completed a deal to buy a majority stake in Ligue 1 club Strasbourg, kickstarting the multi-club project being pursued by Todd Boehly and Clearlake Capital.

The size of the stake is unknown but it is understood Chelsea will have close to a 100 per cent ownership. French media reported that the West London club are paying €75 million for their share.

It is understood that Chelsea want to own two to three clubs in order to expand their portfolio of play

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