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Apparently Todds stadium redevelopment

plans could take six years to complete?

Media reports explain that the club faces a rock & a hard place choice?

Move to a temporary home for the duration or relocate and move the club.

Well moving Chelsea football club will require the CPO's agreement

I cant see that happening anytime soon considering the new ownerships track record todate

The club has recently bought the Oswald Stowell foundation property supposedly to create space for the stadium expansion?

Six years for the rebuild ?

Anyway we will see what the investment- venture capitalist bankers prioritize?

(1)Removing the CPO's oversight of the club by relocating new name & all?

Developing Oswald Stowell into a upmarket residential ?

& building a billion pound + stadium that they own lock , stock & barrel on a new site?

or

(2)Taking six years to redevelop & regressing with a weaker income in comparison to our rivals.?

Call me cynical, but i would suggest that the first option is what the bankers like the look of.

Possibly they should look at a different builder, it took 4 years to build Wembley

posted on 6/3/24

comment by ifarka, (B-C- out) (U8182)
posted 6 minutes ago
Yeah I suspect you are right but again they are going into an incredibly competitive market. Let’s say they want some of the NFL money, they are competing with us, Wembley and Twickenham. They want the boxing, again competing with us, concerts - us, the 02, etc.

So what facilities are they looking to provide for new income streams? They are going into a now saturated market - West Ham can’t get much going at their bowl and the Emirates is as dead as ever. Spurs and Wembley are all over these other events, Chelsea coming in to that market would need to be offering something truly special.

I actually reckon the owners are right about the potential of the venue in SW London.

Its five minutes from the heart of London.



Where are going?

Wembley, fckn North or East London

Chelsea as a state of the art sports multi media events location will hold its own.

Its more attractive as a location for all concerned .
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It will be attractive, but with others already in that market it could be a race to the bottom rather than the cash cow it currently is for Spurs.

posted on 6/3/24

comment by choppers new boots (U23059)
posted 27 minutes ago
comment by Striketeam7 - There used to be a football club over there (U18109)
posted 3 minutes ago
comment by ifarka, (B-C- out) (U8182)
posted 1 hour, 21 minutes ago
Strike wrong for ?

The supporters? or The investment?

Someone told me once, to make an omelette you've got to break eggs.
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The club I suspect. Yes a bigger ground means more revenue - but why not first of all try and build a side capable of qualifying for euro competition, lay foundations for future success with your playing squad and then build the ground.

They seem to constantly be trying to fast track everything - spend a fortune on underwhelming players, chop and change managers, remove all the football people from behind the scenes.

It’s like they bought Chelsea with a view to an excellent return in a very short period of time - it rarely ever works like that in football though, it’s just too competitive
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The club were already at an elite level when they bought them, the Stadium redevelopment part of the agreement in buying the club.

All that had to do was use that first transfer window to enhance the squad with the 4/5 additions required to ensure club remained at Elite CL level.

Unfortunately they totally farked that window up , a combination of reasons as have previously stated numerous times but the main one being not having a Football person in place to oversee transfers /recruitment during that integral first window.

Edwards turning us down didn't help, but then to loose all links in the chain to the point where a lack of time to find replacements left TB and TT directly responsible for recruitment in that first window was a disaster. Not being able to get Cech at least in the short term only made things worst in that relationship.

Made another huge mistake in appointing Potter and have been trying to repair the damage that their initial massive fark up has created including the 360 about turn that saw the purge of players and realignment to amortised contracts etc etc etc.

We are now basically trying to catch up to where we were when these guys took us over, how long that takes or whether they are capable of doing it the jury's well and truely still out.

If they had let or ensured "Football People" had managed that first window and concentrated their own efforts into their so called expertise finance, commercial etc etc we may have been in a better place.

Stadium needs to be developed irrespective or where we are as a team but undoubtedly an added complication amongst the mess they have created.

That first window was absolutely crucial to the way ahead but they got it so completely wrong sadly , now frantically trying to play catch up.



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It’s impressive to see how much they have faaacked up so quickly whilst spending a fortune to do it. Like Brewsters millions

comment by ifarka, (U8182)

posted on 6/3/24

I think property in SW London will continue increase and hold significant value.

As a venue, well 60.000 will work for CFc , the added opportunities will be dependent upon the ownership vision, they are LA based.

More importantly if they own 100 % of the stadium there investment will be solid and in all likelihood recover from where it is today.

The club will also be a financial powerhouse, which it is not now.

posted on 6/3/24

Is there somewhere in SW london n to relocate to?

To compile land, get it through planning and build it is still 5 years minimum. It will also be well north of 1bn.

How it's funded is also a massive question. Spurs is on very low rates.

Either plan is hugely complex to deliver and viability is a real question. Spurs have added 26.5 seats over WHL, so Chelsea would need to top 65k really to have anything like the same impact on revenues. In addition, since 2019, build costs have gone Bananas.

Everything will have worked against the viability of such a massive investment.

comment by ifarka, (U8182)

posted on 6/3/24

Devon,

Is there somewhere in SW london to relocate to?

The Earls court area was the last site suggested, tbh im not certain whether it is still appropriate.

Regarding the rest? project realisation sure there are numerous unknowns.

The club were intending to publish a project plan latter part 2023, todays media announcements seem to high- light issues the club faces.

In the long run my view is that if the CPO become an obstacle , the owners could well opt for relocation, renaming, and total control of the stadium and their investment.

posted on 6/3/24

Comment Deleted by Site Moderator

posted on 7/3/24

When you say Earls Court, you mean the site of the old Exhib Centre? Is that big enough is it? Isn't it crossed by a railway line?

It does make me chuckle. I remember when Spurs were at Wembley for those 2 seasons and all we heard was Quad banging on about how many empty seats there were in the 90k stadium

If Chelsea were having to relocate for 3, 4 or 5 seasons, the fatigue of going to Wembley would be strong after a while. Its novel to begin with but it then becomes such a ball ache. I think Spurs did well to have a season where we gained 77 points without really having a home game. Our final season at WHL we W17D2L0, but opposing teams came to Wembley like it was a big day out, like it was a cup final. It made life very hard.

comment by ifarka, (U8182)

posted on 7/3/24

Yeah, sure, no doubt moving out for for 6 years would be a huge pain.

I actually favour relocating to Earls Court, with the backing of the CPO if that were at all possible.

As Chopper has said the E/court option has hurdles though, the local council would need to have a change of mind.

The land would come at significant cost, it was originally purchased about 10 years ago for aprx 450m, although there has been some development.

I dont think raising finance is an issue for Boehly- Clearlake, this type of development is bread & butter stuff for them.

If the CPO support the relocation,this will free up the Stamford bridge site for development, which would significantly reduce the project cost.

A point which may well be the tip the balance with the ownership, opposed to relocating, renaming without the CPO's co-operation ect ect.

But ? i assume it will be down what type of agreement the CPO want.

The reality is something does need to happen/ change, it is highly likely that the local support would accept moving from Stamford Bridge for the right reasons.

posted on 7/3/24

Comment Deleted by Site Moderator

comment by ifarka, (U8182)

posted on 7/3/24

Yeah, the club does need a new stadium capacity.

I hope that the ownership solve this problem.

The stadium/ venue in Chelsea would do very well.

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