"Following a global marketing process that started in February 2012 and covered all major world wealth centres, a consortium comprising SP Setia, Sime Darby and the Employees' Pension Fund of Malaysia have exchanged contracts on the site for £400m,'' a statement said. In 2012, the West London giants launched an ambitious plan to buy Battersea Power Station. So any reduction in costs would have to be found elsewhere, which is likely to mean the brick-cladding around the main structures could have to be shelved. On 4 May 2012, Chelsea F.C. But site administrators Ernst & Young revealed last month that they had shunned the Blues' offer, instead naming the Malaysian consortium as the preferred bidders. Russian oligarch Roman Abramovich's Chelsea has bid for the London landmark Battersea Power Station site where they could build a 60,000-seater stadium, the … They had considered moving to Earls Court once the Exhibition Centre was demolished, but abandoned the plan in 2010. Chelsea have previously considered moving away from the Bridge. Am I the only one who thinks it looks like an ashtray? Chelsea FC confirmed they had submitted a bid to build a 60,000-seater stadium on the 39-acre site in … It is understood that club bosses are open to the idea of exploring options including moving away from Stamford Bridge, their home for 114 years. The Champions League winners, who are looking to move to a larger stadium after deciding they could not further develop their 42,000-seat Stamford Bridge home, had submitted a bid for the 39-acre Thames-side location. Woodward thinks he can deliver Premier League title, Wenger on Ozil drama: Not difficult, just sensitive, Messi too stressful for some to play with - Unzue, USMNT's Ledezma out for season with knee injury, Cruz Azul axe coach after brutal Liga MX collapse, Sources: Chelsea to rival Real, PSG for Alaba, Basaksehir's Webo: We sent world a message, LIVE Transfer Talk: Man City up Haaland pursuit ahead of summer. Chelsea has made a bid to buy London's Battersea Power Station and transform it into a 60,000 seater stadium. January preview: Messi, Upamecano, others moving? Chelsea eye move to Battersea Power Station Chelsea have revived a plan to build a new stadium inside the iconic Battersea Power Station in south London. Blues put plans on hold for £1billion redevelopment of Stamford Bridge last year but now team working on expansion plans have begun sourcing potential locations away from current home. For other inquiries, Contact Us. Chelsea have previously considered moving away from the Bridge. The report claims Chelsea bosses have held informal talks with designers, and that there could be an appetite to restart the project if the costs involved were dramatically slashed. But a report in the New Civil Engineer claims the team working on the concept have begun the work of trying to slash the budget in half in an attempt to revive it. A Chelsea stadium in Battersea Power Station is the best idea yet. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. The Blues confirmed yesterday how they hoped to … MLS Cup preview: Is Seattle MLS' greatest dynasty? Chelsea's hopes of developing a new stadium at Battersea Power Station are over after the Malaysian consortium given preferred bidder status announced the completion of a £400 million deal for the site. Chelsea are considering a move because its limited capacity means they cannot generate the sort of revenue enjoyed by the likes of Arsenal and Manchester United, who have much bigger stadiums. Boris Johnson’s re-election as London Mayor might scupper Chelsea FC’s hopes of transforming the building into their new home. They had considered moving to Earls Court once the Exhibition Centre was demolished, but … Chelsea's hopes of developing a new stadium at Battersea Power Station are over after the Malaysian consortium given preferred bidder status announced the completion of a … Battersea Power Station Chelsea Stadium. 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, but lost out to a Malaysian consortium. Battersea Power Station has been bought by Malaysian developers, who outbid Chelsea FC, who had wished to build a new stadium on the site (Picture: EPA) CHELSEA In 2012, the West London giants launched an ambitious plan to buy Battersea Power Station. But the dreams were dashed when a Malaysian consortium bought the site for £400m. In May 2012, Chelsea Football Club confirmed that they had lodged a bid to buy the site of Battersea Power Station, with the possibility of the club relocating to a 60,000-seater capacity stadium. Stadium News. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. View our online Press Pack. And I gather this is quite common among Chelsea … Chelsea said in a statement: "Battersea Power Station is one of London's most famous buildings and has the potential to become one of the most iconic football stadiums in the world. Christmas sweaters: 'Tis the season for club-branded festive knitwear, Lampard: Pulisic recovery a 'work in progress', Ozil eyes MLS; row over 'shameful' ham sandwich in Spain, USMNT golden generation? That would allow them to dramatically increase the footprint of the stadium, delivering a huge increase on the number of seats they can install. pic.twitter.com/2NiEp6Pfn6, Chelsea's new stadium design looks awfully familiar... pic.twitter.com/QaNifuCRTj, Apparently this is the design for chelsea's new stadium. The plans however were ridiculed on Twitter. The power station site has been the subject of a string of failed regeneration schemes since the 1980s. To see all content on The Sun, please use the Site Map. The current planning permission was granted two years ago, and remains valid so long as initial on the development work commences before January next year. In 2011 the group, who own the freehold of Stamford Bridge, rejected Chelsea's bid to buy back the land. In the latest step forward, Chelsea have produced a selection of images with the help of development partner Almacantar and architects Kohn Pedersen Fox as a way of seemingly applying … "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Chelsea has 4 jobs listed on their profile. Though they were not the preferred bidders, they released artistic impressions of the proposed stadium at the BPS on 22 June 2012. Welcome to stadiumguide.com. Chelsea decided last year to put on hold their project to rebuild Stamford Bridge after owner Roman Abramovich was refused a UK visa, amid costs spiralling to £1billion. 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. We use cookies to give you the best possible experience. Chelsea have failed in their bid to build a new stadium at Battersea Power Station. ... Sites including Battersea Power Station, Earls Court, Chelsea … Chelsea would then have until January 2023 to begin construction work in earnest. View Chelsea Powers, MBA’S profile on LinkedIn, the world's largest professional community. DESIGNERS working on the plans to redevelop Chelsea's stadium have started looking at new sites away from Stamford Bridge. pic.twitter.com/h9Yq4Okj4E. A club spokesperson insists the stadium is "completely on hold" and stressed "there has been no time frame set for a reconsideration of this position". Chelsea football club enters a bid to buy the landmark Battersea Power Station on the river Thames, with plans to build a new 60,000-seater stadium if … From atop the 35-37th floors of the building, this 6,000-square-foot accommodation has views of the Thames River and, most importantly, Chelsea's football stadium (called Stamford Bridge). Any move away from Stamford Bridge would need the support of fans' group the Chelsea Pitch Owners. The Blues wanted to turn the site into a 60,000 all-seater stadium, keeping the landmark's famous four chimneys as part of the design. If you continue browsing, we will assume that you are happy with this. LONDON - MARCH 25: (FILE PHOTO) An aerial view of Battersea power station March 25, 2007 in London, England. The landmark building's four chimneys would have been kept as part of a design which included a 15,000 seat single-tier south stand. It has a further appeal for me: I am a lifelong Chelsea supporter because my mother was born in Battersea. In May, the club released details of their proposals for a 60,000-seat stadium encompassing the restoration of the Grade II listed 1930s power station with its four landmark chimneys. That bid has been finalised after a 28-day due diligence process. The site came on the market after a £5.5 billion plan by the Irish developers Treasury Holdings collapsed as a result of the worldwide financial crisis. However, rivals like Chelsea, Liverpool and Everton have all failed when it has come to plans to build a fancy new stadium. Their plan involved building one stand in the existing structure and then creating a new stadium around it. If Chelsea are to remain in their current location in West London and deliver a big enough stadium, any new design would have to incorporate that overhang of the District Line and overground service. This is the most thrilling and plausible vision … The future of London's renowned Battersea Power Station is the center of a takeover feud following a bid by Chelsea Football Club to create an iconic stadium. The Blues then in 2012 made a bid to buy Battersea Power Station and convert it to a football stadium. Over a million aerial photos from the 40s to the 90s are available to search at the click of a button. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. 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