Chelsea for sale? Roman Abramovich puts £1bn Stamford Bridge plans on hold
www.theweek.co.uk
Sports News
Today’s news will no doubt give Chelsea supporters “the blues” after it was announced that owner Roman Abramovich is putting the club’s £1bn stadium plans on hold.
The expansion of Stamford Bridge to a 60,000-seat capacity was Abramovich’s master plan for the west London club.
But after his UK visa expired the BBC reports that the Russian is “unwilling to invest in a major project in a country where he is not allowed [to] work”.
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Abramovich’s “Home Office stand-off” has left Chelsea in “limbo”, according to The Daily Telegraph, and he has reportedly withdrawn his UK investor visa application “in retaliation to the hardline attitude of the Home Office”.
In a statement, the club said that the decision to delay the Stamford Bridge upgrade was because of the “current unfavourable investment climate”.
The statement read: “Chelsea Football Club announces that it has put its new stadium project on h