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Following this, Chelsea Pitch Owners was created, and in 1997 it purchased the Stamford Bridge freehold, the turnstiles, the pitch and the Chelsea FC name with the aid of a non-recourse loan of £10 million [1] from Chelsea Village plc, the parent company of the club.
In October 2011, a proposal from the club to buy back the freehold to the land on which Stamford Bridge sits was voted down by Chelsea Pitch Owners shareholders. [117] In May 2012, the club made a formal bid to purchase Battersea Power Station, with a view to developing the site into a new stadium, [118] but lost out to a Malaysian consortium ...
The History of Chelsea F.C. spans the period from 1905 to the present day: History of Chelsea F.C. (1905–1952) History of Chelsea F.C. (1952–1983) History of Chelsea F.C. (1983–2003) History of Chelsea F.C. (2003–2022) History of Chelsea F.C. (2022–present) For a season-by-season account of Chelsea's history, see List of Chelsea F.C ...
Under the Chelsea Pitch Owners (CPO) articles of association, the club would however relinquish the name 'Chelsea Football Club' should it ever move from the site where Stamford Bridge exists. [44] The club proposed to buy back the freehold from CPO. In a vote held on 27 October 2011, its shareholders opted against selling their rights. [45]
He re-united the freehold with the club (and thus secured its future) after Marler's bankruptcy following a market crash, which allowed him to do a deal with their banks and create the Chelsea Pitch Owners, an organisation set-up to stave off future developers and attempted to make the club more financially viable. He also had Stamford Bridge ...
This article documents the history of Chelsea Football Club, an English association football team based in Fulham, West London. For a general overview of the club, see Chelsea F.C. Former Arsenal and England centre-forward Ted Drake was appointed manager in 1952 and proceeded to modernise the club.
On 7 May 2022, Chelsea Football Club confirmed that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjörg Wyss, to acquire the club. [1] On 25 May 2022, the British government approved the £4.25 billion Todd Boehly-led consortium takeover of Chelsea. [ 2 ]
A Serious Case of the Blues: Chelsea in the 80s. Vision Sports Publishing Ltd. ISBN 1-905326-02-5. Cheshire, Scott (1998). Chelsea: an Illustrated History. Breedon Books. ISBN 1-85983-143-5. Glanvill, Rick (2005). Chelsea FC: The Official Biography – The Definitive Story of the First 100 Years. Headline Book Publishing Ltd. ISBN 0-7553-1465-4.