(Reuters) - The consortium BlueCo which purchased Chelsea last year has reached an agreement to become shareholders of French club Racing Strasbourg, the Premier League club said on Thursday.
The agreement will see BlueCo invest in Strasbourg's first teams and academy while Marc Keller will remain the club's president having been at the helm since 2012 when the club was at risk of being liquidated.
"This is an important day for Racing . It's something my shareholder friends and I have been thinking about for the past two years," Keller said in a statement. "If we wanted to continue driving Racing forward and projecting it into a new dimension, we necessarily needed to be accompanied by a solid structure capable of supporting our development and our ambition."
Chelsea were taken over last year by an investment group led by Todd Boehly and Clearlake Capital after Roman Abramovich was forced to sell the Premier League club.
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