Out of the 13 London clubs, only one has never moved home. Chelsea. The stadium is the most significant issue facing the club. Its size constrains revenues and Arsenal, Tottenham Hotspur and West Ham have all moved to new stadiums.
Having a gleaming new 60,000-seater stadium is not simply
about the additional £50 million-plus from ticket revenue a season, or the
extra spend on merchandise, but also attracting players, commercial partners,
other sports and concerts.
Chelsea are “exploring options” on the stadium, and are not
committing to anything until fully establishing the time and cost of all
possibilities, but they hope to have a sense of preference on Stamford Bridge
or Earl’s Court later this year, ideally over the summer. Boehly has already
shown himself keen to listen to supporters. The club have kept in close touch
with Chelsea Pitch Owners (CPO), which owns the Stamford Bridge pitch,
Todd Boehly initially signalled the new owners’ intent to
redevelop Stamford Bridge through a complicated stand-by-stand increase from
40,000 to 60,000 or through demolition and a total rebuild, which would require
the team to move to Craven Cottage or Wembley for up to four seasons. Both of
those options are beset with logistical problems, let alone inevitable legal
challenges from neighbours.
The alternative is moving to the site of the old Earls Court
Exhibition Centre. Logistically, it would lead to least disruption. Chelsea
could continue playing at Stamford Bridge while construction took place. But it would not be acceptable to most fans.
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