BREAKING: Todd Boehly set to announce £2billion plans ahead of season
According to Daily Mail, Chelsea owners Todd Boehly and the Clearlake Capital are set to announce plans to spend £2billion on expanding Stamford Bridge.
The report adds: “Chelsea are set to commit to a £2bn expansion of Stamford Bridge rather than relocating to a new stadium in Earl’s Court, which has now been ruled out.
“A decision on the club’s stadium plans is expected to be confirmed by Todd Boehly and Clearlake Capital over the summer, once costs and time frames are established.
“The Chelsea Supporters Trust held a meeting last week, where it was revealed that Earl’s Court was not considered an option, because the site’s owners are not planning to build a football stadium on its land.
“Chelsea’s project team is being headed up by director Hugh Rosen, who was also in charge when former owner Roman Abramovich drew up his plans for a new stadium.”