Sources: New Chelsea chief to begin work on £1.5bn stadium deal after ‘agreement’ reached
Chelsea are one step closer to building a £1.5billion new stadium as Todd Kline is lured from Tottenham
Todd Kline has left Tottenham to join Chelsea and work on their plans to build a new stadium, sources have told Football Insider.
Spurs announced on Monday morning that Kline, the club’s Chief Commercial Officer, had resigned.
He is set to go on a period of gardening leave before joining London rivals Chelsea in a senior leadership role.
As part of his responsibilities in North London, Kline was tasked with striking a naming rights deal for Tottenham’s new 62,850-capacity stadium.
Despite holding talks with both Apple and Google, Kline was unable to finalise a naming rights deal at Spurs.
According to The Telegraph, Kline also worked on sponsorship deals with INEOS and Cinch.
It is understood that Kline’s new role at Chelsea will include working on their plans to construct a new stadium.
The project is expected to cost the Blues a staggering £1.5billion to complete.
As revealed by Football Insider, Chelsea launched the start of their stadium plans after agreeing an £80million deal for a nearby plot of land.
Todd Boehly is eager to demolish Stamford Bridge and build a new state-of-the-art venue by 2030.
Similar to Spurs, Chelsea could look to strike a naming rights deal to help fund the project.
Kline previously spearheaded a £180million naming rights deal while working in the NFL with the Miami Dolphins’ Hard Rock Stadium.
In other news, Chelsea could now sack Mauricio Pochettino amid ‘key’ Liverpool development
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