Construction News

Mon June 01 2020

Related Information

Chelsea drops plans for new stadium

31 May 18 Chelsea Football Club has abandoned plans to build a new stadium, at least for now, blaming the ‘investment climate’.

The Herzog & de Meuron design
The Herzog & de Meuron design

In a statement, the club said that the new stadium project was ‘on hold’ and that ‘no further pre-construction design and planning work will occur’.

It added: “The club does not have a time frame set for reconsideration of its decision. The decision was made due to the current unfavourable investment climate.”

Chelsea FC’s Russian owner Roman Abramovich has encountered difficulties getting his UK visa renewed amid mounting diplomatic tensions between the UK and Russia after the attempted assassination of a former Russian double agent in Salisbury. Mr Abramovich has subsequently taken Israeli citizenship, but he is still currently unable to work in the UK.

The ambitious stadium project has seen its budget spiral from £500m to £1bn during the planning process. The new stadium, on the site of its current Stamford Bridge home, has been designed by architect Herzog & de Meuron – which also designed the Birds Nest Olympic stadium in Beijing and Bayern Munich’s Allianz Arena. It would have increased Chelsea’s match-day capacity increase from 41,600 to 60,000.

Thank you for reading this story on The Construction Index website. Our editorial independence means that we set our own agenda and where we feel it necessary to voice opinions, they are ours alone, uninfluenced by advertisers, sponsors or corporate proprietors.

Inevitably, there is a financial cost to this service and we now need your support to keep delivering quality trusted journalism. Please consider supporting us, by purchasing our magazine, which is currently just £1 per issue. Order online now. Thanks for your support.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view more construction news »