BlueCo purchased Strasbourg in June 2023 for £65m, creating a multi-club ownership link with Chelsea. Strasbourg has several players on loan from Chelsea, including Mike Penders, Kendry Paez and Mamadou Sarr, and has signed Ishe Samuels-Smith, Mathis Amougou and Diego Moreira from Chelsea in recent seasons. Under Premier League rules, transfers between clubs within the same ownership group must be assessed by league auditors to ensure fair market value, who can halt proposed transfers deemed unfair. FIFA limits Chelsea to six overseas loans per season. UEFA would bar intra-group transfers if both clubs qualify for the same competition.
Chelsea and Strasbourg are allowed to sell players to each other despite being in the same multi-club ownership portfolio. In June 2023, the Ligue 1 club was bought by BlueCo, a consortium headed by American businessman Todd Boehly and Behdad Eghbali for 65m. There are significant connections between Chelsea and Strasbourg, who are managed by Englishman Liam Rosenior, with goalkeeper Mike Penders, Kendry Paez and Mamadou Sarr all on loan from Stamford Bridge.
Under the Premier League's rules, any transfers between clubs in the same ownership group need to be assessed by the league first to ensure they represent 'fair market value'. The Premier League's auditors assess the transfer, and then decide if it can go ahead. They could in theory put a halt to any proposed transfer deemed to be unfair or overpriced.
Issues also arise when two clubs in a multi-club ownership qualify for the same Uefa competition. Uefa would bar Chelsea and Strasbourg from making transfers of any kind between the two clubs if that were to happen. When Ineos owned Manchester United and Nice both qualified for the Europa League in 2024, United were prevented from signing Jean-Clair Todibo by Uefa. However, Chelsea are in the Champions League after finishing fourth in the Premier League and Strasbourg are in the Europa Conference League.
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