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Chelsea shelve stadium plans

Chelsea have shelved plans to build a new stadium at Stamford Bridge 'due to the current investment climate': Stamford Bridge

It is not clear when Chelsea will revive their plan, if at all. The estimated cost for a new 60,000 seat Stamford Bridge has increased to £1bn after delays, which included a dispute with a local family.

The news comes after Roman Abramovich's 'investment' visa to the UK was not renewed and he subsequently took up Israeli citizenship. Abramovich is unwilling to invest in a major project in a country where he is not allowed to work.

With Arsenal having built their new stadium and Spurs near to completing theirs, the stadium redevelopment was seen as key as securing Chelsea as a leading London club in the long term. With a capacity of just over 41,000, Stamford Bridge is the eighth largest stadium in London.

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