Chelsea look at Battersea power station

[Tee]

Whenever we go into recession the construction industry is the worst hit; I've been made redundant a few times, the money is **** now & above all else you spend more time dealing with legalities, administration & paperwork than actually designing anything (the reason why I wanted to become an architect)

Plus 7 years of studying left an awful lot of debt - 30k in my case

Should have studied to be a doctor instead as my dad told me to!

Sounds tough. Have you thought of going out to the Middle East (Abhu Dhabi in particular)? You can make an absolute fortune.

I still envy you though, because I would have loved to have been an Architect.

[Darth Marty]

If they pull this off it will be amazing.

I must admit it would make me envious.

[Tee]

If they pull this off it will be amazing.

I must admit it would make me envious.

It would be a mightily impressive aerial view of the stadium and genuinely push the Chavs amongst the elite clubs of Europe.

[Imy]

It would be a mightily impressive aerial view of the stadium and genuinely push the Chavs amongst the elite clubs of Europe.

Especially with their 'Kop'

[dom9]

They could call it The Kip.

It's a bit like the Kop, but not as good, and you'd probably fall asleep in it. Another poor immitation.

[Exiled_red]

They want to be us.

[colin85]

http://www.dailymail.co.uk/sport/football/article-2139784/Chelsea-secret-talks-super-rich-Qatari-Khalid-Al-Thani.html

[Darth Marty]

marvellous.

Hopefully Roman manages to piss them off making them buy us out of pride with the aim making us no.1 being his lifetime ambition!

Unlikely but hey ho, ive started drinking!

[Vermilion]

http://www.dailymail.co.uk/sport/foo...-Al-Thani.html

Oh ffs, haven't they got enough money!!

So another super rich potential football investor/owner materialises, looking at building an iconic stadium that they'll make little profit from! Hard to find these people ya know....

[kingfunk]

Un****ungnelievable. Whyalwaysme

[Liverpel]

The fans must be up in arms at the prospect of losing Stamford Bridge.

The club will be bulldozing six years of history!

[Craig_H]

[Exiled_red]

[Tee]

[Chazza]

Chelsea's plan to build a new stadium at Battersea Power Station fails after administrators choose Malaysian bid

Chelsea have failed in their bid to build a new stadium at Battersea Power Station.

Last month Chelsea revealed that they had submitted an application to move to the 39-acre site in Wandsworth, but administrators revealed this morning that a joint bid by two Malaysian companies - SP Setia and Sime Darby - had been chosen instead.

A statement from Ernst & Young read: "Following an extensive global marketing campaign, undertaken by Ernst & Young Real Estate Corporate Finance and Knight Frank LLP, the Joint Administrators are pleased to announce that on Wednesday 6 June 2012 they entered into an exclusivity agreement with SP Setia and Sime Darby and are working towards a timely exchange and completion of the site and associated land."

The European champions are considering moving away from their Stamford Bridge home as their current capacity of around 42,000 is preventing them from bringing in the kind of matchday revenue enjoyed by the likes of Arsenal and Manchester United, who have much bigger stadiums.

Chelsea revealed in plans last month that they intended to transform the Grade II listed building on the south bank of the River Thames in to "one of the most iconic football stadiums in the world".

Their plan for Battersea was to develop it into a 60,000-seater ground that included the power station's four chimneys.

When they released their plans, Chelsea insisted that they had definitely not committed themselves to leaving Stamford Bridge, although they also claimed it was not economically viable to redevelop their current west London home.

The Blues have also been linked with other sites in south-west London.

SP Setia and Sime Derby revealed in a release to the Malaysian stock exchange this morning that their £400million "multi-use real estate regeneration project" bid had been successful. They also plan to build a tube station on the premises that will connect to the Northern Line.

http://www.telegraph.co.uk/sport/football/teams/chelsea/9316189/Chelseas-plan-to-build-a-new-stadium-at-Battersea-Power-Station-fails-after-administrators-choose-Malaysian-bid.html