Todd Lasso & Co have gone spending money again...

The news says they have bought Strasbourg Alsace... strange name...
does he play Midfield or Defence?! ;-)

Good signing, 2023/24 should be an interesting season!

#blueisthecolour

https://i.redd.it/45a5bv3qsl7b1.jpg

On Thursday, June 22, 2023 at 5:48:18 p.m. UTC-4, Blueshirt wrote:
> Todd Lasso & Co have gone spending money again...
>
> The news says they have bought Strasbourg Alsace... strange name...
> does he play Midfield or Defence?! ;-)
>
> Good signing, 2023/24 should be an interesting season!
>
> #blueisthecolour
>
> https://i.redd.it/45a5bv3qsl7b1.jpg

Well what do you know, BlueCo is an actual thing, I thought it was your made up name for the Todd lasso guy.

So 75 Mil for Racing Club Strasbourg ( beautiful city by the way) a 1st div club, to put a perspective on buying clubs, N American "club", the Ottawa Senators an NHL ice hockey club which is often in the bottom half, not making the play offs, with an old arena one hundred miles outside of Ottawa, sold for about 1 Billion.

On Thursday, June 22, 2023 at 11:48:18 PM UTC+2, Blueshirt wrote:
> Todd Lasso & Co have gone spending money again...
>
> The news says they have bought Strasbourg Alsace... strange name...
> does he play Midfield or Defence?! ;-)
>
> Good signing, 2023/24 should be an interesting season!

Given the proliferation of Multi-Club Ownership in the last decade, this has been something I've been waiting for ever
since Salzburg and Leipzig were both allowed to play in European competitions (I've once written about the reasoning
behind that decision here: https://groups.google.com/g/rec.sport.soccer/c/2AmFqdzlsiM/m/Cmp1LOULAwAJ ) -
UEFA have opened an investigation on whether three pairs of clubs might contravene their regulations that on paper
forbid the simultaneous involvement by two or more clubs owned by the same stakeholders in the European Cups.

The six teams in question are Brighton and Union Saint-Gilloise (Tony Bloom), Aston Villa and Vitória Guimarães
(Nassef Sawiris), and AC Milan and Toulouse (RedBird Capital).

Also, unrelated to the above, it also looks very likely that Osasuna will be banned from this year's Europa Conference
League, due to their involvement in a match-fixing scandal back in 2013/14 (I believe UEFA uses something like a
10-year statute of limitations on cases like this, and Osasuna haven't qualified for Europe since 2006/07).

Ciao,
Werner

> #blueisthecolour
>
> https://i.redd.it/45a5bv3qsl7b1.jpg

Binder Dundat wrote:

> On Thursday, June 22, 2023 at 5:48:18 p.m. UTC-4, Blueshirt wrote:
> > Todd Lasso & Co have gone spending money again...
> >
> > The news says they have bought Strasbourg Alsace... strange name...
> > does he play Midfield or Defence?! ;-)
> >
> > Good signing, 2023/24 should be an interesting season!
> >
> > #blueisthecolour
> >
> > https://i.redd.it/45a5bv3qsl7b1.jpg
>
>
> Well what do you know, BlueCo is an actual thing, I thought it was
> your made up name for the Todd lasso guy.

BlueCo are the consortium that own Chelsea FC. Todd Lasso and Clearlake
Capital get all the publicity but there are other partners involved.
All of them very wealthy and they have decided to move on from buying
players to buying clubs...

Werner Pichler wrote:

> On Thursday, June 22, 2023 at 11:48:18 PM UTC+2, Blueshirt wrote:
> > Todd Lasso & Co have gone spending money again...
> >
> > The news says they have bought Strasbourg Alsace... strange name...
> > does he play Midfield or Defence?! ;-)
> >
> > Good signing, 2023/24 should be an interesting season!
>
> Given the proliferation of Multi-Club Ownership in the last decade,
> this has been something I've been waiting for ever since Salzburg and
> Leipzig were both allowed to play in European competitions (I've once
> written about the reasoning behind that decision here:

That's the way football is going. As an investment, it makes perfect
sense. It's just like having a stock/share portfolio... just on a much
bigger scale.

On Saturday, June 24, 2023 at 4:09:36 PM UTC+2, Werner Pichler wrote:
> On Thursday, June 22, 2023 at 11:48:18 PM UTC+2, Blueshirt wrote:
> > Todd Lasso & Co have gone spending money again...
> >
> > The news says they have bought Strasbourg Alsace... strange name...
> > does he play Midfield or Defence?! ;-)
> >
> > Good signing, 2023/24 should be an interesting season!
> Given the proliferation of Multi-Club Ownership in the last decade, this has been something I've been waiting for ever
> since Salzburg and Leipzig were both allowed to play in European competitions (I've once written about the reasoning
> behind that decision here: https://groups.google.com/g/rec.sport.soccer/c/2AmFqdzlsiM/m/Cmp1LOULAwAJ ) -
> UEFA have opened an investigation on whether three pairs of clubs might contravene their regulations that on paper
> forbid the simultaneous involvement by two or more clubs owned by the same stakeholders in the European Cups.
>
> The six teams in question are Brighton and Union Saint-Gilloise (Tony Bloom), Aston Villa and Vitória Guimarães
> (Nassef Sawiris), and AC Milan and Toulouse (RedBird Capital).
>
> Also, unrelated to the above, it also looks very likely that Osasuna will be banned from this year's Europa Conference
> League, due to their involvement in a match-fixing scandal back in 2013/14 (I believe UEFA uses something like a
> 10-year statute of limitations on cases like this, and Osasuna haven't qualified for Europe since 2006/07).

BTW Osasuna are not the only team that were thrown out by UEFA because of match fixing.

As a stark reminder how it's a problem at any level, Sammarinese side AC Virtus, who would have
qualified for Europe for the first time in their history by winning the 2022-23 Coppa Titano, were
disqualified for a betting scandal they were involved in back in 2017.

A profit of roughly 300,000 € was made in Southern Italy back then by betting on a Sammarinese
cup match. https://it.wikipedia.org/wiki/Scandalo_sammarinese_del_calcioscommesse_del_2017

Ciao,
Werner

On Thursday, June 22, 2023 at 2:48:18 PM UTC-7, Blueshirt wrote:
> Todd Lasso & Co have gone spending money again...
>
> The news says they have bought Strasbourg Alsace... strange name...
> does he play Midfield or Defence?! ;-)
>
> Good signing, 2023/24 should be an interesting season!

Blame the Saudi money coming in for the transfer market going wacko.

Mike

Michael Falkner wrote:

> On Thursday, June 22, 2023 at 2:48:18 PM UTC-7, Blueshirt wrote:
> > Todd Lasso & Co have gone spending money again...
> >
> > The news says they have bought Strasbourg Alsace... strange name...
> > does he play Midfield or Defence?! ;-)
> >
> > Good signing, 2023/24 should be an interesting season!
>
> Blame the Saudi money coming in for the transfer market going wacko.

Money is money... whether we like it or not.

You can't put the toothpaste back in to the tube!

On Saturday, June 24, 2023 at 4:09:36 PM UTC+2, Werner Pichler wrote:
> On Thursday, June 22, 2023 at 11:48:18 PM UTC+2, Blueshirt wrote:
> > Todd Lasso & Co have gone spending money again...
> >
> > The news says they have bought Strasbourg Alsace... strange name...
> > does he play Midfield or Defence?! ;-)
> >
> > Good signing, 2023/24 should be an interesting season!
>
> Given the proliferation of Multi-Club Ownership in the last decade, this has been something I've been waiting for ever
> since Salzburg and Leipzig were both allowed to play in European competitions (I've once written about the reasoning
> behind that decision here: https://groups.google.com/g/rec.sport.soccer/c/2AmFqdzlsiM/m/Cmp1LOULAwAJ ) -
> UEFA have opened an investigation on whether three pairs of clubs might contravene their regulations that on paper
> forbid the simultaneous involvement by two or more clubs owned by the same stakeholders in the European Cups.
>
> The six teams in question are Brighton and Union Saint-Gilloise (Tony Bloom), Aston Villa and Vitória Guimarães
> (Nassef Sawiris), and AC Milan and Toulouse (RedBird Capital).

All six have been cleared to participate.

https://www.uefa.com/insideuefa/news/0283-186f6a2609f6-77d919fb7eff-1000--cfcb-renders-multi-club-ownership-decisions/

The decision took longer than expected because from what I read in the last couple of weeks the three sets of clubs were quite
frantically implementing organizational changes to comply with UEFA regulations (most likely based on what Red Bull did back
in 2017), and now it's all peachy.

Although I believe the provision (as 'additional evidence of their independence') to forbid transfers (including loans) between the
clubs in question until September 2024 (so that will be in force even when this European season is over) is new, and interesting.
Salzburg and Leipzig have no such rule.

Ciao,
Werner