Chelsea in limbo as Abramovich shelves plan for new stadium

Chelsea stadium put on hold

"Chelsea has put its new stadium project on hold".

Abramovich is reported to have personally taken the decision to suspend plans for the stadium and is said to be unwilling to invest further finances in the United Kingdom while his ability to work in the country is uncertain.

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.

The club claim that the plans have been put on hold due to "the current unfavourable investment climate".

"He will want to clarify any misunderstanding and speculations".

Abramovich's "Home Office stand-off" has left Chelsea in "limbo", according to The Daily Telegraph, and he has reportedly withdrawn his United Kingdom investor visa application "in retaliation to the hardline attitude of the Home Office".

According to Forbes, Abramovich has business interests in Israel, which he controls in Millhouse and Ervington companies.




The statement announcing the suspension of the Stamford Bridge redevelopment project pointed to concerns about Chelsea's willingness to invest in a new 60,000-seat stadium.

Construction for a Tottenham Hotspur's stadium of roughly the same capacity is also under way.

Could Abramovich walk away from Chelsea?

Chelsea ended a disappointing season on a high by winning the FA Cup.

Chelsea fans have taken to Twitter to express concern at a perceived club crisis. but many rival supporters appear to be loving it.

It is understood Sarri's lawyers have been looking at whether or not he has a case for constructive dismissal against Napoli and Chelsea appear happy to allow him to explore that route before taking any action of their own.

There is uncertainty about who will lead the first team going forward as manager Antonio Conte is set to be sacked later this month.

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