Chelsea gives new stadium red card out of the blue

By Hamish Champ2018-05-31T13:05:00

Football club says ‘unfavourable investment climate’ the reason for scrapping £500m scheme

Chelsea Football Club has scrapped plans to build its new £500m Stamford Bridge stadium, citing an “unfavourable investment climate”.

The planned stadium, designed by Swiss architect Herzog & de Meuron, the practice behind the main stadium of the 2008 Olympic Games in Beijing, has been in the pipeline for years.

Plans were formally unveiled in December 2015 to increase capacity of the ground from its current 41,600 to 60,000 putting it on a par with Arsenal’s ground and the new one being built by Mace for Tottenham Hotspur.

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