Chelsea’s £500m plans to revamp Stamford Bridge under threat

Chelsea’s £500 million plans to redevelop Stamford Bridge are under threat as the club do not own the land the ground is built on.

The playing surface and the surrounding ground is owned by Chelsea Pitch Owners (CPO), which was set up by the club’s former chairman Ken Bates in December 1992.

Earlier this month, Chelsea were given the go-ahead for plans to re-build Stamford Bridge after Hammersmith and Fulham Council approved the move.

But the club must seek permission from CPO before any building work begins.

The Sun claim that CPO will offer Chelsea a new 999-year lease but Roman Abramovich could look to buy the land outright, which could stall the current redevelopment plans.

CPO and Chelsea are set to meet to discuss the current offer on the table.

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