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Old October 24th, 2019, 09:14 PM   #2521
Dr Pepper
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Does anyone know roughly how much money has been spent on the design and prep for the new stadium?
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Old October 25th, 2019, 11:21 PM   #2522
Hemi 426
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Quote:
Originally Posted by Dr Pepper View Post
Does anyone know roughly how much money has been spent on the design and prep for the new stadium?
I think I saw a figure of Ł20m already spent at one point of the planning process. This was before the negotiations with Stoll came to light as well as other issues to be resolved.



The new stadium project of the early 1970's also envisaged a 60,000 capacity. This is Sports Council Chairman, Sir Roger Bannister, Chelsea Chairman Brian Mears, Manager Dave Sexton and Architect John Darbourne with the model. Behind them, the section of the old North Stand is being demolished. In the end, only the current East Stand was completed. The 60,000 figure was attainable back then as there were terraced sections as well as bench seating on the lower tiers. Seat widths and tread depths would be below the minimum expected in these times too.

The elevated roadway that can be seen behind the East Stand and above the railway lines was a part of the 'West Cross Route' which was to run from Harlesden to Battersea. This was a section of the proposed 'Ringway 1', one of a number of Ring Roads planned for London in the 1960's. Only the mile long section between the A40 (Westway) and Shepherds Bush was ever completed.
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Old November 22nd, 2019, 06:13 PM   #2523
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I haven't got time to list all the projects and investments being signed off as we speak, to disprove this, but I'm 100% certain that this [Brexit] isn't a reason [for the stadium delay].
Was happy to accept this position further up the thread but just to note that the Telegraph's article today on the club no longer being for sale (if it ever was) includes the following section:

Quote:
At Chelsea, senior figures are now growing increasingly optimistic that he will return to the stadium redevelopment shelved in May last year "due to the current unfavourable investment climate". His visa wrangle was immediately assumed to be the main reason behind pulling the plug, but sources close to the Russian always said the financial situation surrounding the development during Brexit was the main concern.

Should the new stadium happen, he too will be under pressure to keep Chelsea's powerful CPO happy. The board was established in 1993 as a block against a developer ever being able to acquire the potentially lucrative freehold and close down the club, and it has consistently resisted any offers from Abramovich, since his 2003 takeover, to take full control of the stadium. In October 2011, just months before the club failed in a bid to buy the site of Battersea Power Station, the club was narrowly defeated in a bid to buy the shares. A source at CPO said the subject had not been revisited in recent years and relations with the club are as close as they have been in the Abramovich era.
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