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Chelsea suffered serious financial troubles during the 1970s and 1980s following a large-scale attempt to renovate Stamford Bridge. The financial crisis and a subsequent change of ownership at the club culminated in the sale of the club's freehold to property developers Marler Estates (and subsequently Cabra Estates).
On 7 May 2022, Chelsea confirmed that terms have been agreed for a new ownership group to acquire the club. The group which later known as BlueCo was led by Todd Boehly , chairman and CEO of Eldridge Industries , and Clearlake Capital , it also included Hansjörg Wyss , founder of the Wyss Foundation, and Mark Walter , co-founder and CEO of ...
Stamford Bridge (/ ˈ s t æ m f ər d /) is a football stadium in Fulham, adjacent to the borough of Chelsea in West London.It is the home of Premier League club Chelsea.With a capacity of 40,173, it is the ninth largest venue of the 2024–25 Premier League season and the eleventh largest football stadium in England.
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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 ...
A further stumbling block is that the club's naming rights are owned by the Chelsea Pitch Owners, which also owns the Stamford Bridge freehold. As a condition for using the Chelsea FC name, the club has to play its first team matches at Stamford Bridge. A move to a new stadium could mean the club having to change their name. [22]
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