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SBD/Issue 41/Facilities & Venues
Chelsea Dismiss Report That Club Is Considering New Stadium
Published November 11, 2008
|Chelsea Committed To Staying At,
Redeveloping Stamford Bridge
ORIGINAL REPORT: In London, Jamie Jackson had reported Chelsea "are considering advanced plans for a new stadium next to Battersea Power Station, three miles from their current home at Stamford Bridge." The new ground "would hold between 65,000 and 75,000 fans and have a retractable roof" and "has been designed" by HOK Sport, which built Wembley Stadium. Plans for the stadium "have been presented to club executives" by London-based HOK architects and a "representative from HOK's New York office." A source said that the proposed development is "expected to cost up to" US$782M, and added that the development would be "funded in part by the development of Stamford Bridge into luxury apartments." Also, in spite of the credit crisis, which is "affecting the price of property, Chelsea would expect high interest in what is an exclusive area of prime real estate, allowing them to profit from the move" (London OBSERVER, 11/9).