Why Chelsea might still move away from Stamford Bridge after spending £80 million on the purchase of adjacent land for a new stadium

Although Chelsea has agreed to pay £80 million ($97m) for a 1.2-acre block of land adjacent to Stamford Bridge, the club still has the option of moving.

Despite having bought the site next to their current stadium in July, the Daily Telegraph claims that the Blues are still considering a relocation. It has been reported that the possibility of relocating is being driven by CEO Chris Jurasek.

If they stayed, they’d have to pledge to invest in a major renovation of the current Stamford Bridge facilities.

Even thоugh Chelseа wоn’t аctuаlly оwn the lаnd they bоught until 2025, the purchаse hаs rаised expectаtiоns fоr а new stаdium neаr Stаmfоrd Bridge. Hоwever, there аre still mаjоr оbstаcles in the wаy оf thаt strаtegy.

The Blues would need to find a new home for their home games if Stamford Bridge was to be rebuilt, which might take up to five years. If they moved to a new location, they could continue playing at Stamford Bridge during construction rather than ground-sharing with neighboring rivals Fulham at Craven Cottage or following Tottenham’s example and going into Wembley.

They had to get permission from the Chelsea Pitch Owners group before leaving. To pass, the measure would need the approval of as many as 14,000 members, or 75% of the total membership.

The timetable for deciding what to do with Stamford Bridge has been extended multiple times. Now that they own the land, they may move forward with plans to renovate the facility.