Chelsea are unlikely to see a completed redevelopment of Stamford Bridge or whatever other stadium plans the club have before 2030 according to Chelsea Pitch Owners (CPO) Chairman Chris Isitt, speaking to the group's Annual General Meeting. The Blues are still exploring a number of options as they look to invest in their infrastructure.
The CPO is the company that holds the freehold of Stamford Bridge stadium and the name Chelsea FC. It's a group made up of over more than 23,000 individual shares with the purpose of protecting the future of Stamford Bridge while allowing supporters to own part of the football club. Chelsea pay a nominal rent to make use of the pitch.
Upon announcing the agreement to buy Chelsea, the Boehly-Clearlake group made a number of commitments. Stamford Bridge was central to the areas they had indicated for investment. They said: "The proposed new owners will commit £1.75bn in further investment for the benefit of the club. This includes investments in Stamford Bridge, the academy, the women’s team and Kingsmeadow and continued funding for the Chelsea Foundation."
