The American owners of English Premier League club side Chelsea finalised an agreement to acquire French Ligue 1 club Strasbourg on Thursday.
The consortium is led by American businessman Todd Boehly and US-based Clearlake Capital.
“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, in the continuity of the project implemented by Marc Keller, who will remain chairman of the club, supported by his current management team.”
A source informed AFP that the US consortium has acquired nearly all of the club’s shares in Strasbourg.
However, he was unable to disclose the deal’s complete value.
Strasbourg is the fifth Ligue 1 club to be acquired by Americans, following Marseille, Lyon, Toulouse, and Le Havre.