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Chelsea and Strasbourg Transfers Highlight Challenges of Multi-Club Ownership

05.02.2026

The football world is watching with growing interest the transfer activity between Chelsea and French club Strasbourg. Since both teams came under the BlueCo group led by Todd Boehly, twelve player moves have taken place within a single season. Such frequent transfers have sparked debate about whether these practices disrupt balance in the transfer market.

At first glance, all transactions appear to follow regulations. However, there are doubts about whether football authorities like FIFA or UEFA should monitor the situation more closely. In the past, these institutions have intervened in cases where conflicts of interest might arise between clubs with shared ownership.

The cooperation between Chelsea and Strasbourg began in 2023 and initially benefited the French side more. With BlueCo’s financial backing, it could spend sums on reinforcements that were previously out of reach. Over time, however, the direction of business shifted and now primarily benefits the English club, which uses Strasbourg as a platform for developing its young talents.

The transfers of defender Mamadou Sarr and left back Ishe Samuels-Smith illustrate the complexity of multi-club ownership systems. Players often move back and forth according to the needs of their parent team. Although this can support their growth, fans in France feel that their club is losing independence.

FIFA has already limited the number of loan deals between two clubs to three per year to prevent large teams from accumulating excessive squads. Experts point out that multi-club ownership is now so widespread that broad regulation would affect half of Europe’s elite teams.

UEFA also warns that multi-club ownership may influence competitive fairness and player market values. So far its actions focus mainly on monitoring participation of connected clubs in European competitions.

For Strasbourg, partnership with Chelsea represents both opportunity and risk. The club gains access to better scouting networks and financial resources but faces pressure from the London giant. When Chelsea shows interest in its best players or coaches, resistance becomes difficult.

Although many supporters consider this model unfair toward smaller teams, modern football trends show a different reality as global investment groups increasingly link their projects across leagues and countries. The case of Chelsea and Strasbourg demonstrates how thin the line has become between collaboration and conflict of interest.

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