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Redeveloping the Bridge ?

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posted on 2/11/21

see attached

https://www.newcivilengineer.com/latest/chelsea-stadium-planning-permission-expires-today-31-03-2020/

posted on 2/11/21

Don't know why this got shelved...except Covid, maybe we re submit next year

comment by ifa (U22726)

posted on 2/11/21

Its a mixed bag,

In some respects the failure to redevelop might have been a good thing at this time , as over the last couple of seasons the financial climate has been in chaos.

The project would have definitely effected our transfer budget and i think we may not be in the position we are today if the rebuild had gone ahead.

Going forward, sure it will be nice for us to inhabit a state of the art stadium, but im happy for us to do our talking on the pitch.

Match day income is not the essential figure for the top tier clubs, it is good European cup runs , top 2-4 in finishes at home and savy transfer dealing.

All of which we capable to consistently maintain as we go into the next few season, ( fingers crossed)

Imo, It will happen when it suits the executive at the club.

comment by ifa (U22726)

posted on 2/11/21

cont- top 2-4 finishes at home, savy transfer dealings and of course global EPL tv rights income.

comment by BlueJ2 (U4630)

posted on 2/11/21

I do think this could become a liability for Chelsea though. Every couple of years another club increases the size of their stadium - Chelsea have one of the smaller stadiums in the Premier League now. Missing out on that revenue will catch up with us eventually. It would be good to have a long term plan - at the moment it is up in the air.

posted on 2/11/21

comment by BlueJ2 (U4630)
posted 16 minutes ago
I do think this could become a liability for Chelsea though. Every couple of years another club increases the size of their stadium - Chelsea have one of the smaller stadiums in the Premier League now. Missing out on that revenue will catch up with us eventually. It would be good to have a long term plan - at the moment it is up in the air.
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Match day fevenje doesn’t mean much anymore

posted on 2/11/21

Revenue*

comment by ifa (U22726)

posted on 2/11/21

Agreed it could be an issue, but i feel that it would only become an issue if we not able to maintain a top four position and we were out of the Champions league for 3-4 seasons +.

The bulk of our income today comes from global rights Merchandising, TV, brand advertising ect.

Match day income as important as it is will not surpass a good Champions league run. Naturally both are important.

comment by BlueJ2 (U4630)

posted on 3/11/21

Well, match day revenue may not be the biggest income, but based on our 40,000 capacity instead of upwards of 60,000 which is where it could be - that’s still potentially the loss of £1M each game. 19 home league games, plus let’s say another 6 English home cup games, plus say 5 CL home games - that’s £30M per season. That’s substantial. And it will happen every year until we are able to get a bigger stadium.

posted on 3/11/21

Roman will be only too aware & will be itching to redevelop ASAP surely

comment by ifa (U22726)

posted on 3/11/21

Agreed it is a substantial sum 30m, but so is the redevelopment 600m - 800m plus interest?

When you do the maths, even if that were pure profit that will take around 30 years to recover in that con text.

But also when an elite players fee and contract can be anticipated to cost the club 150m- 200m + = Lukaku, ect
the stadium redevelopment is a solid investment, it will add long term equity to the club.

I genuinley think it is more about prestige and the long term value of the club to Roman.

I do agree it will happen, i think its about when the time is right.

posted on 4/11/21

Hopefully we can expand. A nice 55,000 - 60,000 would be great. As it stands they seem to be intent on reducing our capacity for whatever reason

posted on 4/11/21

If fackin $puds can do it...i'm damned sure we can

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