Chelsea’s plans to renovate Stamford Bridge collapse after a military veteran gets an injunction.
- The Blues agreed in principle to purchase land
- Army veteran gets restraining order
- Chelsea are unsure about their next step
WHAT HAPPENED? Accordingly Evening standard, Wandsworth County Court in London has granted an injunction against a proposal to sell the 1.2-hectare site. The club reached an agreement in principle in July to buy property home to 100 military veterans and their war widows for an estimated £60 million. However, the situation has become more complicated as some of the residents being relocated are unhappy with the prospect of moving.
THE BIGGER PICTURE: Stoll, the charity responsible for housing the veterans, is currently advising an independent law firm. They are expected to make a decision on the sale next month.
They have issued a statement saying: “Stoll has been informed by a local resident that an application for an injunction has been lodged with Wandsworth County Court. Stoll has received no further correspondence from Wandsworth County Court regarding this matter. Our priority is to review all responses from the resident survey, which will inform the board’s final decision.”
IN A PHOTO:
Getty/GOAL
WHAT NEXT? Chelsea now faces the dilemma of whether to continue with the redevelopment of the current Stamford Bridge stadium or move to another site in London. Both options involve significant costs, and Chelsea has requested an additional $500 million from Ares Management to help fund potential projects.
However, it has been suggested that a move away from the current site near Fulham Broadway tube station could face opposition from supporters. The Chelsea Pitch Owners (CPO) have the power to veto such a move, further complicating the decision-making process.
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