Stefan Borson drops '£2bn' Chelsea bombshell
Chelsea's owners may have to spend an astonishing £2billion-plus on the complete redevelopment of Stamford Bridge.
That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider that the knocking down and rebuilding of the stadium is "almost impossible" right now.
Clearlake Capital have taken full control in West London after buying out both Todd Boehly and Mark Walter, with the former stepping down from his chairman role.
Several options have emerged for the Blues' potential stadium plans, including a seven to eight-year stay at Wembley Stadium as a temporary home.
It is understood that knocking the stadium down and rebuilding it from scratch is also an option, but that would come at an eye-watering cost.
Clearlake, or any future investors, may have to throw billions of pounds into the project if Chelsea are serious about redeveloping their 40,000-seater stadium.
'Why would Clearlake invest another £2bn?'
Speaking exclusively to Football Insider, Borson has admitted that he struggles to see any improvements being made to the stadium under the current owners.
"It all looks basically impossible, right? Without somebody coming along and saying, 'I don't care what it costs, just just do it, £2billion. There we go'," he said.
"How they going to fund £2bn? They've already got £1.4bn of debt. Where's £2bn of additional debt coming from?
"Why does anybody think that the new owners, or not-so-new owners, want to stick in another £2bn into this project? I don't think it's very likely, but let's see what happens."
Decision-making behind the scenes has certainly become easier, but all of the finances fall on Clearlake's shoulders with such big projects.
How long would Chelsea move to Wembley Stadium for?
Were Chelsea to knock Stamford Bridge down, a temporary move to Wembley Stadium for all home games would be necessary.
Sources inside Stamford Bridge have indicated that this route would see the Blues removed from their homes for seven to eight years.
Speaking to Football Insider, Borson has already hit back at those claims, stating that it should take no longer than three years instead.
Supporters will argue that Stamford Bridge definitely requires improvements from the pitch upwards, but that will come at a cost for everyone involved.
