The owners of Chelsea are looking to buy more football clubs to create a multi-club ecosystem, but have been turned down in an approach for Brazilian giants Santos.
Co-owner and chairman Todd Boehly announced plans earlier this week to buy more clubs, allowing Chelsea to use those clubs to develop young talent for the Blues.
The Evening Standard reports that they have made a move to buy Santos, the club that has produced Brazilian legends like Pele and Neymar, but they have been unsuccessful.
Chelsea will continue to look for a Brazilian club to buy, while they have also reportedly made contact with sides in Portugal and Belgium.
Boehly explained his plan at the SALT Conference, specifically mentioning wanting to buy a club ‘in a really competitive league in Europe.’
‘We’re going to be continuously adding resources. We’ve talked about having a multi-club model,’ Boehly told the SALT Conference.
‘I would love to continue to build out the footprint. There’s different countries where there’s advantages to having a club.
‘Red Bull does a really good job at Leipzig and at Salzburg, both of which are playing in the Champions League, so they’ve figured out how to make that work. You have Man City that has a very big network of clubs.
‘I think the challenge that Chelsea has now, or one of them, is that when you have 18, 19, 20-year-old superstars, you can loan them out to other clubs but you put their development in someone else’s hands.
‘I think that our goal is to make sure we can show pathways for our young superstars to get onto the Chelsea pitch while getting them real game time.
‘To me the way to do that is through another club somewhere in a really competitive league in Europe.’
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