Boehly's Chelsea revolution continues after £65m purchase for new stadium
Chelsea are reportedly waiting to learn whether they can proceed with plans to redevelop Stamford Bridge after making an offer to purchase a plot of land situated next to the stadium. The Blues are keen to be one of the best in the business both in terms of overall facilities and footballing ability, having splashed the cash, once again, in the summer transfer window.
Todd Boehly made it clear upon his arrival at Chelsea that he would focus on rebuilding the club into one of the top European sides. The American has spent over £1billlion on transfers since his arrival, setting the Premier League record by forking out £115million to purchase Moises Caicedo from Brighton last month.
Romeo Lavia, Christopher Nkunku and Cole Palmer also arrived as part of the overhaul, with the likes of Mason Mount, Mateo Kovacic and Kalidou Koulibaly being moved on for significant fees in order to raise funds and create space in the squad.
With Mauricio Pochettino now working with the bulk of a strong squad for the short and long-term future, Chelsea’s attention has quickly turned to off-pitch matters. According to the Evening Standard, the Blues have made a £65m offer to buy a 1.2-acre plot next to Stamford Bridge so that they can begin redeveloping the ground.
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Chelsea are also expecting a further injection of £405m from an American investment firm, which will help fund the proposed renovation of the stadium and other redevelopments.
The company, Ares Management, are ‘nearing a deal’ that will see them be able to help fund several projects. There are plans in place for the Blues’ training ground at Cobham to be developed, and some of the new-found money is expected to be pushed towards that project – as well as helping Chelsea and their multi-club plans, with reports claiming that they are interested in purchasing a share in Portuguese outfit Sporting.
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Ligue 1 outfit Strasbourg became a part of the plans recently, with youngster Angelo currently out on loan at the club. Other talented prospects, such as Lesley Ugochuku and Deivid Washington, were also considered as viable options to continue their development out on loan working with Strasbourg manager Patrick Vieira but they remained with the first team.
It remains to be seen whether they are sent out on loan elsewhere if Chelsea are able to use their imminent cash injection to welcome another side to their multi-club group.
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