Chelsea shelve Stamford Bridge project over ‘unfavourable investment climate’

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• Chelsea wanted to redevelop Bridge into 60,000-seater stadium
• Club ‘doesn’t have time frame for reconsideration of decision’

Chelsea’s new stadium project has been put on hold “due to the current unfavourable investment climate”. The club are looking to redevelop Stamford Bridge into a 60,000-seat stadium and were hopeful of taking up residency in 2021.

“Chelsea has put its new stadium project on hold. No further pre-construction design and planning work will occur,” a statement said. “The club does not have a time frame set for reconsideration of its decision. The decision was made due to the current unfavourable investment climate.”

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from Football | The Guardian https://www.theguardian.com/football/2018/may/31/chelsea-shelve-stamford-bridge-investment-climate

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