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Sources: Chelsea turn attention to Portugese deal after £65m terms agreed
Chelsea are eager to expand their multi-club network by purchasing a club in Portugal or South America, Football Insider understands.
The Blues kickstarted their multi-club project on Thursday by agreeing terms to buy a majority stake in French club Strasbourg.
It is understood that the London club paid £65million to acquire a stake close to 100 per cent ownership.
BlueCo – a consortium led by Todd Boehly – is at the forefront of the multi-club project, and they plan to expand their network further in the coming months.
The project looks to emulate the success of other multi-club organisations such as the Red Bull Group and the City Football Group, which is spearheaded by Premier League rivals Manchester City.
France was a major target for BlueCo’s first multi-club expansion, and it was reported back in February that Boehly held talks with Bordeaux’s President over a potential investment opportunity.
However, Boehly and BlueCo instead turned their attention towards Strasbourg after the Ligue 1 club were able to steer clear of relegation in 2022/23.
Boehly has also held previously held talks with clubs from Belgium and Portugal regarding investment, and Football Insider understands that Portugal is a location BlueCo are keen to expand into next.
The Daily Mail reported in September that Chelsea held talks with a Portuguese club, and it is understood that Boehly will return to the nation to expand the new multi-club network.
A South American club is also on BlueCo’s radar, with the ownership group keen to emulate City Football Group by diversifying the network across multiple continents.
In other news, Chelsea given green light to finalise Moises Caicedo deal as Arsenal pull out of race