Chelsea explores new sites to cut costs



Linkedin
Twitter

Chelsea FC_update May 2019 Image: Chelsea FC / Herzog & de Meuron

The design team working on expansion plans for Chelsea Football Club’s Stamford Bridge stadium are attempting to revive the project by slashing costs by as much as £500 million, Architects’ Journal reported.

Sources close to the project have confirmed that alternative sites are now being looked at, with club bosses believed to be open to the idea of a new location, the Journal said citing its sister title New Civil Engineer.

However, with planning permission already in place for a Herzog & de Meuron-designed stadium, featuring 264 brick-clad buttresses, it is understood the preferred option is to remain at the current Stamford Bridge site, the report said.

Chelsea bosses halted expansion plans last May after the initial cost of the project almost doubled to around £1 billion. At the time, a spokesperson for Chelsea said the club’s proposed 60,000-seater stadium had been put on ice due to an ’unfavourable investment climate’.

It is understood that the club wants the cost to be reduced by ’around £500million’, before it gives the green light for the project to be restarted. However a spokesperson for the club confirmed that the stadium was still ‘completely on hold’, adding that ‘there has been no time frame set for a reconsideration of this position’.

Aecom is the strategic planner on the job, with WSP and Schlaich Bergermann acting as structural engineers.

Shortly before the project was paused, VolkerFitzpatrick had been named as the preferred bidder for a £95 million contract for piling and diversion works at the stadium. Since then, Ineos owner and Britain’s richest man Jim Ratcliffe has repeatedly been linked with a £2 billion takeover of the club.

However, New Civil Engineer reported that Chelsea bosses have held informal talks with stadium designers, suggesting that if the cost can be brought down then the project could be restarted under the current ownership.

Under the original plan, the existing 41,600-seater stadium in west London would be demolished to make way for the construction of the new 60,000 capacity football stadium and an ancillary stadium.

Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.

Coliseum facilitates a dialogue between stadiums, arenas, clubs, leagues and experts and enables them to learn from each other while establishing relationships. Coliseum’s digital 365Coliseum Business Center is a vast pool of resource for the stadium and arena industry world-wide.

Watch 250 member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


Advertisement Coliseum Summit News Banner - SGL System
Advertisement Coliseum Summit news banner - NEXO

More News

Construction underway on Michie Stadium

Michie Stadium ‘histor’ical build begins

Published: April 19th, 2024

The Michie Stadium, one of America’s most prestigious and iconic venues, construction work has... » Read more

Livingston FC stadium naming rights

Livingston hit-the-jackpot naming rights deal

Published: April 19th, 2024

The Scottish Premiership club Livingston F.C. have landed a club record-breaking six-figure stadium... » Read more

Real Zaragoza stadium update April 2024

Zaragoza new home bare-bones design presented

Published: April 19th, 2024

The LaLiga 2 team Real Zaragoza new home ground – the San José Stadium in Zaragoza, Spain... » Read more

LiveCo appoints Chuck Steedman

Chuck Steedman takes the helm at LiveCo

Published: April 19th, 2024

LiveCo has appointed entertainment and sports veteran Charles H. (Chuck) Steedman as President and... » Read more


Receive global sports venue NEWS twice a week in your inbox