Chelsea Owners Buy French Ligue 1 Club Strasbourg

The American owners of English Premier League giants Chelsea on Thursday sealed a deal to take control of French Ligue 1 outfit Strasbourg.

“This agreement marks a new chapter in the history of Strasbourg as the consortium is committed to accelerating sustainable investments in the growth of the club,” the BlueCo consortium said in a statement.

“(This includes) the first team and in the academy the continuity of the project implemented by Marc Keller, who will remain chairman of the club, supported by his current management team.”

READ ALSO: Transfer: N’Golo Kante Accepts £172m Offer To Leave Chelsea

The consortium led by American businessman Todd Boehly and US-based Clearlake Capital endured a torrid first year in charge of Chelsea.

They sacked managers Thomas Tuchel and Graham Potter before a miserable end to the campaign under interim boss Frank Lampard.

READ ALSO: Chelsea Agrees To Sell Kovacic To Manchester City

Chelsea’s 12th-place finish was their worst since 1994 despite a spend of more than £500 million ($624 million) on new players in the new owners’ first two transfer windows.

Trending video of the day;

Photo Credit: Getty