Concerning update in Stamford Bridge redevelopment process amid Abramovich’s absence

Hope Soto
June 2, 2018

The latest manifestation of this has come today, as the club have announced that plans to redevelop Stamford Bridge into a 60,000-seater ground have been suspended.

He has been forced to seek Israeli citizenship to regain entry to the United Kingdom as part of the country's response to the Salisbury nerve attack in March. previously reported that Roman Abramovich has been granted an Israeli citizenship after his United Kingdom visa renewal process was taking longer than expected.

The leading architect firm Herzog and de Meuron had produced a Gothic design for Abramovich's personal project, which would have seen Stamford Bridge match Arsenal, Tottenham and West Ham for their stadium size.

Abramovich could have put the money together to go ahead with the new stadium, which would cost over £1bn, but the Home Office stance left him with no desire to invest into the capital city of a country in which he could not work.

Former Chelsea midfielder Mikel John Obi is confident Roman Abramovich remains committed to the club.

As the reputable English paper The Times reports, now the Russian entrepreneur intends to sell Chelsea to cover his expenditures on the club in full.

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Chelsea had originally planned to relocate from Stamford Bridge, but after plans failed to materialise they looked set to improve their current home.

The decision was made due to the current unfavourable investment climate.

Could Abramovich walk away from Chelsea?

The announcement comes after it emerged the Russian billionaire was yet to have his British visa renewed amid a crackdown by authorities on associates of Russian President Vladimir Putin.

According to the Sunday Times Rich List, he is Britain's 13th-richest man, with a net worth of £9.3bn.

Meanwhile, one fan expressed his annoyance as Chelsea's reported reluctance to pay the required compensation to Napoli for manager Maurizio Sarri after paying £35million to sign midfielder Danny Drinkwater from Leicester last summer. But The Sun also suggests that Zinedine Zidane could be a Chelsea target after the Frenchman quit Real Madrid yesterday.

Other reports by MaliBehiribAe

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