Strasbourg ultras marched in protest against their owners BlueCo, who also run Chelsea, on Sunday.
Before their Ligue 1 match against Rennes at the Stade de la Meinau, Strasbourg ultras vented their fury at BlueCo, a consortium made up of Todd Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss.
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The consortium also own Chelsea and have looked to launch a multi-club model including Strasbourg with other European sides also lined up.
But they have failed to convince the locals of their credentials at Strasbourg with the club's ultras launching the protest which included banners, flares and loud chants against the ownership of the consortium.
It follows months of unrest among the fanbase, who have been furious with the club's transfer policy among other things.
Earlier this month, BlueCo were sent an angry letter by Strasbourg supporter group Ultra Boys 90, who demanded face-to-face meetings.
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It read: "Racing is now nothing more than a financial asset, owned by an investment fund that already owns another football club.
"We’ve said it before, and we’ll say it again: Multi-club is killing football, and we’ll fight it!
"Two transfer windows have also come and gone, and all we can do is watch helplessly as our club is stripped of all its experienced players. In favour of young up-and-coming players.
"It is now clear that BlueCo requires the recruitment of players aged 23 years or less.
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"We’re not fooled! No professional club can be competitive under these conditions.
"Without balanced recruitment, the tens of millions invested in these young players will not serve Racing but only the interests of the new owners."
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Since purchasing the club in June 2023, top striker Habib Diallo, star midfielder Jean-Ricner Bellegarde and captain Matz Sels have all been sold with Strasbourg currently sitting 12th in Ligue 1.
As well as having problems with Strasbourg, BlueCo are struggling in England too with Chelsea, who are 11th in the Premier Laegue.
Fans have been unhappy with the current regime at Stamford Bridge, with club chairman Boehly coming in for criticism from fans, who have sung Roman Abramovich's name in recent outings.