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Chelsea unlock space for Stamford Bridge stadium expansion with £80m land purchase
Chelsea unlock space for Stamford Bridge stadium expansion with £80m land purchase
Chelsea have won a battle to buy a significant portion of land next door to Stamford Bridge in a deal worth around £80m. The move opens up the possibility of the club staying at their west London ground – Chelsea’s home since 1905 – and redeveloping the current 40,000-seater stadium, rather than finding a new site, as the owners seek to deliver a major upgrade which competes with leading Premier League venues. The club will buy 2.4 acres of the site, which sits between the stadium’s West Stand and Fulham Broadway Tube station, from Stoll, a charity which provides housing for veterans. Stoll’s board of trustees consulted with residents of the building, Sir Oswald Stoll Mansions, before making the decision to accept Chelsea’s bid from among a dozen on the table. Chelsea approached Stoll six years ago while under the ownership of Roman Abramovich as they drew up plans for a new stadium. Those plans fell through when Abramovic was forced to sell the club over his links to Russian president Vladimir Putin following Russia’s invasion of Ukraine last year, and Stoll put the land up for sale as it sought much-needed funding. New owner Todd Boehly and the Clearlake consortium resurrected Chelsea’s interest this year and the purchase has now been approved, paving the way for a potential expansion of Stamford Bridge which could see the stadium demolished and rebuilt with the pitch rotated 90 degrees to run west to east. The club had originally proposed to buy only a small part of the land (marked in red, below) but negotiated a larger share (blue). However, Chelsea have still not ruled out relocating to a new site. If they do stay at Stamford Bridge, the club would need to either groundshare with neighbours Fulham at Craven Cottage, or move into Wembley or Twickenham while the work was undertaken. Stoll will retain a portion of the land at the southern end where it will retain 20 flats, and a leaseback deal will ensure residents do not have to move out immediately. The charity says it will invest the funds in new housing for veterans. Read More Eden Hazard announces retirement from football Arsenal can profit from chaotic title race thanks to three wildcard teams Burnley vs Chelsea LIVE: Latest Premier League updates
2023-10-17 23:53
Israel Gaza war: Who are the most prominent leaders of Hamas?
Israel Gaza war: Who are the most prominent leaders of Hamas?
A brief guide to some of the leading figures in the group behind the attacks on Israel.
2023-10-17 23:52
Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'
Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'
Rite Aid’s plan to close more stores as part of its bankruptcy process raises concern about how that might hurt access to medicine and care
2023-10-17 23:52
DraftKings MLB Promo: Win $200 INSTANT Bonus Betting $5 on Phillies vs. Diamondbacks Today!
DraftKings MLB Promo: Win $200 INSTANT Bonus Betting $5 on Phillies vs. Diamondbacks Today!
Turn a $5 bet into $200 in guaranteed bonus bets when you sign up with DraftKings. Read more to learn how you can use your bonus bets on tonight's game.
2023-10-17 23:50
Miami the team to catch in NBA's Southeast Division, though there will be challengers
Miami the team to catch in NBA's Southeast Division, though there will be challengers
There wasn’t much in the way of collective success in the NBA’s Southeast Division last season
2023-10-17 23:47
How Much Longer Will the Chargers Put Up With Brandon Staley?
How Much Longer Will the Chargers Put Up With Brandon Staley?
Brandon Staley is costing the Chargers wins. How much longer will the franchise put up with it?
2023-10-17 23:46
US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks
2023-10-17 23:29
Tupperware picks Spanx veteran as new CEO
Tupperware picks Spanx veteran as new CEO
Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman as its new CEO on Wednesday amid ongoing attempts to continue to survive as a business.
2023-10-17 23:26
Oil prices edge higher ahead of Biden Middle East trip
Oil prices edge higher ahead of Biden Middle East trip
By Nicole Jao NEW YORK Oil prices edged higher on Tuesday ahead of a trip by U.S. President
2023-10-17 23:26
Jaden and Willow Smith ‘wish some family matters remained private'
Jaden and Willow Smith ‘wish some family matters remained private'
The children of Will Smith and Jada Pinket Smith have reportedly suggested that they wish some family matters would remain “private” amid the very public relationship revelations. Jada Pinkett Smith recently published a tell-all memoir, Worthy, that contained some eye-opening information about the state of her relationship with actor Will Smith. In the book, Pinkett Smith revealed that the apparent couple have, in fact, not been together for seven years, but just never got divorced after 20 years of marriage. Speaking to Hoda Kotb on Today, she explained: “I think by the time we got to 2016, we were just exhausted with trying. “I think we were both kind of just still stuck in our fantasy of what we thought the other person should be.” Now, a source has opened up about what the couple’s children, Jaden and Willow Smith, think about their parents’ relationship being in the spotlight. The source told Entertainment Tonight, they “feel bad” for their dad, claiming: “They know he has been going through a lot lately and this isn’t helping. They wish some of their family’s private matters remained private.” They added that amid the press, Will Smith is “trying to stay busy and has been hanging out with his good friends and his kids”. The source claimed: “He’s trying not to let any outside noise impact him. Will loves Jada and feels like he has always had her back and always will. He has been trying to be supportive, while also taking care of himself.” Despite the revelations made in her book, Will Smith has given Pinkett Smith’s memoir a very moving review. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-17 23:25
Versailles Palace evacuated again in security scare with France on heightened alert against attacks
Versailles Palace evacuated again in security scare with France on heightened alert against attacks
The Palace of Versailles, one of France’s most visited tourist attractions, has reopened after being evacuated because of a security scare
2023-10-17 23:24
Afghanistan 'matchwinner' Gurbaz backed to stun New Zealand at World Cup
Afghanistan 'matchwinner' Gurbaz backed to stun New Zealand at World Cup
Afghanistan skipper Hashmatullah Shahidi on Tuesday hailed flamboyant shot-maker Rahmanullah Gurbaz as a World Cup "matchwinner" as they plot the...
2023-10-17 23:24
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