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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 ...
The pitch, the turnstiles, and the naming rights of the club are now owned by Chelsea Pitch Owners, an organisation set up to prevent the stadium from being purchased by property developers. KSS Design Group (architects) designed the complete redevelopment of Stamford Bridge Stadium and its hotels, megastore, offices and residential buildings.
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]
The future of the iconic stadium—opened in 1877—is a puzzle that Roman Abramovich has tried to tackle since he bought Chelsea for £140 million in 2003, and it will be front and center as ...
The Mariners Trust (14%) Mike Parker (11%) [122] Harrogate Town: Irving Weaver [123] Property [123] Milton Keynes Dons: Fahad Al Ghamin [124] [125] InterMK Group Morecambe: Bond Group Investments Limited (80% major shareholder) Newport County: Newport County AFC Supporters Trust Supporters Trust Notts County: Alexander Reedtz Christoffer Reedtz ...
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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 ...