Kieran Maguire: 'Nothing is off the table for Todd Boehly' as Chelsea plot £425m-plus deal
Nothing is “off the table” for Todd Boehly and Chelsea as they explore alternatives to continuing at their relatively low-capacity Stamford Bridge home.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the possibility of the Blues moving to a new stadium altogether.
Chelsea own much of the land around Stamford Bridge but not enough to realise their aspirations of significantly raising capacity.
They have their eye on another site adjacent to the ground but a source told Football Insider that at least two other parties are interested in the £50million-valued plot, meaning Chelsea would face a bidding war.
The Daily Mail reported last Sunday (13 November) that the club are now considering moving to a 40-acre site at Earls Court which could accommodate a 60,000-seater stadium.
Maguire explained why this is a viable albeit far more expensive option for the West Londoners.
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“For Todd Boehly, nothing is off the table when it comes to Chelsea,” he told Football Insider’s Adam Williams.
“The existing footprint at Stamford Bridge is not big enough. If it moves to Earls Court, that would be part of a much bigger project given tht the site that they envisage moving to costs £425m.
“That would therefore be part of a leisure, retail and residential development, of which the football ground would be the hub.
“This is one way that I think American owners see value in football.
“That is because there is a natural ceiling in terms of the traditional elements of revenue in football in terms of broadcast, commercial and matchday.“