Why Roman Abramovich put aside the incredible £ 1billion Chelsea stadium plan
Chelsea have been forced to park their £ 1billion investment plans for a new stadium in 2018.
Les Bleus said “the decision was taken due to the current unfavorable investment climate”.
However, Roman Abramovich‘s entrepreneur visa expired in April 2018, and the 54-year-old was able to obtain an Israeli passport later that year, but he only used it to visit his family. .
It was believed that Abramovich was reluctant to invest in a country where he had been denied a visa.
The club had planned to transform their 113-year-old home into a 60,000-seat arena, but those plans are still pending.
Stamford Bridge currently has 40,834 fans, making it the smallest stadium of the ‘Big Six’.
In fact, the Chelsea home has fewer fans than Villa Park, London Stadium and St James Park, and Stamford Bridge beats Elland Road and Goodison Park for capacity.
Chelsea had once planned to reinvent the Battersea power station in their new stadium.
The Blues had wanted to transform the site into a field of 60,000 places, while keeping the four famous chimneys of the monument in the stadium.
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Chelsea were given the green light for their Stamford Bridge plans last year from Hammersmith and Fulham City Council, while London Mayor Sadiq Khan also gave the green light.
Instead, the plans never left the plan and Chelsea are still waiting for an upgrade to their home.