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Will Chelsea expand their stadium?

Will Chelsea expand their stadium?

‘Chelsea Football Club announces today that it has put its new stadium project on hold,’ a statement read in May 2018 . ‘No further pre-construction design and planning work will occur. ‘The club does not have a time frame set for reconsideration of its decision.

Is Chelsea FC getting a new stadium?

Chelsea Football Club is delighted that we will be able to host games at Stamford Bridge at full capacity for the upcoming 2021/22 season.

Is Chelsea paying for Stamford Bridge?

Ken Bates set up the Chelsea Pitch Owners after the club entered into an agreement to take on the lease for Stamford Bridge, with an option to purchase the freehold for £5 million in 1992. The deal was restructured so that the pitch owners could acquire that option for the stadium site.

Is Stamford Bridge full capacity?

It is the home of Premier League club Chelsea. With a capacity of 40,834, it is the ninth largest venue of the 2022–23 Premier League season….Stamford Bridge (stadium)

Executive suites 51
Capacity 41,837
Record attendance 82,905 (Chelsea–Arsenal, 12 October 1935)
Field size 113 by 74 yards (103.3 m × 67.7 m)

Can Stamford Bridge be expanded?

One potential impact of Abramovich relinquishing control of Chelsea is that a proposed expansion of Stamford Bridge from its current 41,800-capacity to 60,000 may not now materialise.

Who would buy Chelsea?

“Sir Jim Ratcliffe, chairman of Ineos, has made a formal bid for Chelsea FC, for £4.25bn. £2.5bn is committed to the Charitable Trust to support victims of the war, with £1.75bn committed to investment directly into the club over the next 10 years. “This is a British bid, for a British club.

Who bought Chelsea for 1?

Bates spent five years as chairman of Oldham Athletic during the 1960s and also had a spell at Wigan Athletic. In 1982, he purchased Chelsea for £1.

Why is Chelsea called the 5th stand?

Chelsea Football Club has a global social media following of 100 million people – and a stadium capacity of just 42,000. To help the club’s legion of fans feel better connected, Chelsea created The 5th Stand, a mobile app for fans around the world.

Why cant Chelsea expand Stamford Bridge?

In a presentation to the Chelsea Pitch Owners (CPO) Chelsea FC has made the case that building a new 60,000-stadium at the Stamford Bridge site is not a financially feasible option. Nor is a redevelopment of the stadium to a capacity of 55,000 seats.

Why cant Chelsea expand stadium?

Chelsea’s stadium has a smaller capacity than all of their rivals at the top end of the Premier League, squeezing potential matchday revenues, and hasn’t been redeveloped since the 1990s ,with the potential for existing stands to be expanded restricted by its location, hemmed in by train lines and major roads.

How much is Chelsea worth?

According to Forbes, the club was worth around £2.4 billion ($3.2 billion) in April 2021, but a KPMG valuation now suggests it is worth £1.5 billion ($2.1 billion).