In 2018 the club purchased part of the adjoining Sir Oswald Stoll veterans’ housing site to the west of the stadium from the charity, with 2013 plans drawn up five years earlier having already factored in this acquisition .
The Earls Court site, owned in 2013 by developer Capco, has now been split, reduced in size and is being developed by new owner Delancey for Homes. The site of Nine Elms, including the disused Battersea Power Station, was long thought to be the prime location for a riverside stadium, but has since been developed as homes and shops.
The White City site which incorporated the former BBC Television Center was another possibility for Chelsea, but has since been developed into restaurants, bars and homes. Chelsea also examined the Imperial Wharf gasworks site, located south of Stamford Bridge. The club have never been seriously interested in moving north to the site also once targeted by Queens Park Rangers – the Old Oak and Park Royal development around the new High Speed 2 station for this area of the north – West London.
CPO has owned the stadium in freehold since 1993, when Ken Bates, then chairman, separated the stadium and the club to protect against potential future property speculators selling Stamford Bridge. In October 2011, Abramovich and the board failed in their bid to trigger the sale of full ownership to the club, garnering 61.6% of the vote from CPO shareholders. The club needed a threshold of 75%.
Among the current interested parties are real estate developers, including Joanthan Cainer, member of the consortium with the Americans Todd Boehly and Hanjorg Wyss. Nick Candy who has also confirmed his interest in buying Chelsea.
Chelsea declined to comment, as did KPF.