Chelsea for sale? Roman Abramovich puts £1bn Stamford Bridge plans on hold
www.theweek.co.uk Sports News 0 minutes read
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”.
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“Home Office stand-off” has left Chelsea in “limbo”, according to The Daily Telegraph, and he has reportedly withdrawn his UK investor visa application “in retaliation to the hardline attitude of the Home Office”.
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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