Kieran Maguire reveals Todd Boehly's A1 priority as 'significant' Chelsea overhaul lined up
Chelsea will likely conduct “feasibility studies” for the redevelopment of Stanford Bridge soon.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Blues’ long-held desire to expand the 42,000-seater stadium.
Chelsea Pitch Owners chair Chris Isitt told The Mirror last Wednesday (8 May) that there is likely to be “significant redevelopment” at the West London site in the “near future”.
An investment group led by Todd Boehly bought Chelsea in a £4.25billion deal last month (30 May).
And Maguire suggests that a much-needed overhaul of Stanford Bridge will be top of the American billionaire’s agenda as he looks to take the club forward.
“The noises that are coming out of the club is that it’s going to be development of Stanford Bridge rather than a new stadium itself,” he told Football Insider’s Adam Williams.
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“There simply aren’t sites big enough in London, and certainly not in the area Chelsea are located.
“They would have to go out closer to Heathrow. That is not good from a transportation point of view. It would upset a lot of the traditionalists. You have the position of the Chelsea pitch owners as well, and you could see them resisting.
“The first thing to do is get some feasibility studies.
“I think that will have been in Boehly’s in-tray from day one because the longer it takes to deal with the stadium, you’re losing out on extra revenue on every game.”
Chelsea typically average around £70million per season in matchday income.
They submitted plans for a revamp of the current stadium site in January 2018 but planning permission has since expired.