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Chelsea owners buy stake in French team as part of multi-club ownership plans
Chelsea owners buy stake in French team as part of multi-club ownership plans
Chelsea’s owners BlueCo have agreed to buy a stake in Ligue 1 club Strasbourg to take a significant step forwards in their plans for multi-club ownership. The consortium, which purchased the Premier League club in May last year, are become new shareholders “subject to a consultation process with the relevant employee representative bodies”. A statement said: “The shareholders of Racing Club de Strasbourg Alsace today announced an agreement with BlueCo, the consortium which purchased Chelsea FC in May 2022. “The agreement would mark a new chapter in Racing’s history as the ownership consortium commits to accelerate sustainable investment in the club’s growth, including in the first teams and in the Academy, in continuity with the project implemented by Marc Keller, who would remain president of the club, supported by his current management team. “Through its involvement and recognised expertise in sport, BlueCo plans to make an active contribution to the development of the model implemented by Marc Keller, first, financially, by providing capital that will enable investment in the men’s and women’s first teams, the Academy and across the club. “It also plans to provide Racing access to broad resources and collaboration. Racing’s teams would be able to exchange advice and expertise with Chelsea and the other teams which the owners are involved with. “In accordance with Professional Football League regulations, the project was presented today to the Direction Nationale du Contrôle de Gestion (DNCG), whose assessment is expected in the coming weeks.” This strategic investment would further our presence in European football, alongside our ownership of Chelsea. BlueCo BlueCo believe the “strategic investment” would enhance their presence in European football. A statement said: “It is an honour for us to be part of this historic club. We are committed to preserving the heritage of Racing and are focused on working closely with Marc and his management team to continue the excellent work they have been doing. “This strategic investment would further our presence in European football, alongside our ownership of Chelsea. We believe it would create huge opportunities to share knowledge and expertise.” Former France international Keller, who had spells as a player with English sides West Ham, Portsmouth and Blackburn, became Racing’s president in June 2012 with the club in serious danger of liquidation. It has since returned to Ligue 1 and established itself as a fixture, and played in the Europa League in 2019-20 after winning the League Cup. Keller said: “The aim is to enable Racing to be even more ambitious and competitive in a football world that has changed considerably, particularly with the massive arrival of foreign investors in many French clubs and the evolution of Ligue 1 from 20 to 18 clubs. “The arrival of the consortium should enable us to take this step forward.” The news was confirmed as Chelsea found themselves thrust into the spotlight as a series of players, led by World Cup winner N’Golo Kante, prepare to leave the club for the riches of Saudi Arabia amid speculation that the clear-out could ease their Financial Fair Play worries. The Blues, under chairman Todd Boehly, have invested in excess of £650million in new signings since the takeover was completed.
2023-06-23 02:57
Rokas Pukstas: Man City & Chelsea target signs new Hajduk Split deal
Rokas Pukstas: Man City & Chelsea target signs new Hajduk Split deal
United States Under-20 international Rokas Pukstas will remain with Croatian side Hajduk Split through June 2027 after signing a contract extension.
2023-11-26 06:29
NBA Draft rumors: Lillard threatens trade demand, Rockets shopping No. 20, Pacers focusing in?
NBA Draft rumors: Lillard threatens trade demand, Rockets shopping No. 20, Pacers focusing in?
NBA Draft rumors: Damian Lillard could demand trade from BlazersThe Portland Trail Blazers own the No. 3 pick in the upcoming NBA Draft. That doesn't really align with the team's immediate goal of building a championship contender around Damian Lillard, something the front office has man...
2023-06-07 22:54
Vettori vs Cannonier time: When does UFC Fight Night start in UK and US this weekend?
Vettori vs Cannonier time: When does UFC Fight Night start in UK and US this weekend?
Former UFC title challengers will square off in a Fight Night main event this weekend, as Marvin Vettori faces Jared Cannonier. Vettori, one of the UFC’s few Italian fighters, came up short while challenging Israel Adesanya for the middleweight title in 2021, losing to the Nigerian-New Zealander via decision – just as he had in 2018. Thirteen months later, American Cannonier suffered a similar fate, losing to Adesanya on points after an underwhelming performance. Vettori bounced back from his second defeat by Adesanya with a points win against Paulo Costa, before losing to Robert Whittaker. However, the “Italian Dream” again responded positively this March, edging past Roman Dolidze in London. Meanwhile, Cannonier has competed once since his bout with Adesanya, defeating Sean Strickland on points in December. Here’s all you need to know about this weekend’s card. What time is it? The prelims are set to begin at 12am BST on Sunday 18 June (4pm PT, 6pm CT, 7pm ET on Saturday). The main card is then due to begin at 3am BST on Sunday (7pm PT, 9pm CT, 10pm ET on Saturday). How can I watch it? The card will air live on BT Sport in the UK, with the broadcaster’s app and website also streaming the fights. In the US, ESPN+ will stream the action live, as will the UFC’s Fight Pass. Full card (subject to change) Marvin Vettori vs Jared Cannonier (middleweight) Arman Tsarukyan vs Joaquim Silva (lightweight) Armen Petrosyan vs Christian Leroy Duncan (middleweight) Pat Sabatini vs Lucas Almeida (featherweight) Manuel Torres vs Nikolas Motta (lightweight) Raoni Barcelos vs Miles Johns (bantamweight) Prelims Nicolas Dalby vs Muslim Salikhov (welterweight) Jimmy Flick vs Alessandro Costa (flyweight) Kyung Ho Kang vs Cristian Quinonez (bantamweight) Carlos Hernandez vs Denys Bondar (flyweight) Zhalgas Zhumagulov vs Felipe Bunes (flyweight) Tereza Bleda vs Gabriella Fernandes (women’s flyweight) Dan Argueta vs Ronnie Lawrence (bantamweight) Zac Pauga vs Modestas Bukauskas (light-heavyweight) Click here to subscribe to The Independent’s Sport YouTube channel for all the latest sports videos. Read More Amanda Nunes took ‘coward’s way out’ by retiring at UFC 289, says Julianna Pena Meet Charles Oliveira, the UFC’s miracle man Miami Heat mascot hospitalised after Conor McGregor punch How to watch Vettori vs Cannonier online and on TV this weekend When is the next UFC event? Jake Paul agrees to new stipulation in Nate Diaz fight
2023-06-13 23:46
College football schedule: What games are on today? Teams, TV schedule, announcers for Week 9
College football schedule: What games are on today? Teams, TV schedule, announcers for Week 9
The Week 9 slate of the 2023 college football season is upon us. You have some games to watch. Here are the matchups, start times, announcers and TV schedules for every game on Saturday, Oct. 28.
2023-10-28 23:53
Tottenham agree deal to sign Empoli goalkeeper Guglielmo Vicario
Tottenham agree deal to sign Empoli goalkeeper Guglielmo Vicario
Tottenham have agreed a deal to sign Empoli goalkeeper Guglielmo Vicario.
2023-06-22 16:50
Offensive tackle Bryan Bulaga, who hasn't played since 2021, retiring as a Packer
Offensive tackle Bryan Bulaga, who hasn't played since 2021, retiring as a Packer
Offensive tackle Bryan Bulaga plans to retire from the NFL with the Green Bay Packers after spending the first 10 seasons of his career with them
2023-11-17 08:28
Rooney 'frustrated' at no new deal contact by DC United: report
Rooney 'frustrated' at no new deal contact by DC United: report
Wayne Rooney is "disappointed and frustrated" that DC United has not contacted him in two months about a contract extension to his expiring MLS deal...
2023-09-02 03:50
UEFA postpones Israel's game in Kosovo in European qualifying because players cannot travel abroad
UEFA postpones Israel's game in Kosovo in European qualifying because players cannot travel abroad
UEFA has postponed Israel’s European Championship qualifying game against host Kosovo on Sunday
2023-10-12 17:53
BetMGM Kentucky Promo Offers Industry-Leading $1,500 Bonus
BetMGM Kentucky Promo Offers Industry-Leading $1,500 Bonus
Claim your $1,500 bonus at BetMGM Kentucky and maximize your winnings.
2023-09-30 17:17
Newcastle's Tonali banned 10 months for betting: Italian federation
Newcastle's Tonali banned 10 months for betting: Italian federation
Newcastle United's Italian international midfielder Sandro Tonali has been banned for 10 months for betting, the Italian football federation...
2023-10-26 19:16
Australia retain Ashes after fourth Test washout
Australia retain Ashes after fourth Test washout
Australia have retained the Ashes after the fourth Test against England at Old Trafford ended in a rain-affected draw, with bad weather meaning no play...
2023-07-24 00:56