The Board of Trustees at the Stoll Veterans charity have confirmed the acceptance of an £80 million bid from Chelsea for the 1.2 acre Stoll Mansions site near Stamford Bridge.
This decision comes after a thorough nine week consultation period and an extra six weeks of internal discussions with the Stoll Charity.
The West London giants will take control of the area in 2025 after beating thirteen other bids which accelerates plans to rebuild Stamford Bridge.
Following the sale, Stoll chief executive Will Campbell-Wroe highlighted the benefits for their organisation and the residents.
He said (via The Evening Standard): “The Chelsea FC ownership group’s offer enables us to limit uncertainty for residents and offer supportover a longer period of time.”
“The site at Fulham is just not fit for purpose for the long-term, and while this is a difficult time for our residents, it is something we must do to enable us to support veterans now and in the future.”
Todd Boehly and Clearlake Capital want to build a new stadium for Chelsea, who have outgrown their 40,000 home on the Fulham Road.
The aim is to build at least a 55,000 seater stadium but no decision has been made yet on whether to knock down and rebuild the current stadium or to relocate.
It now seems more likely though that Chelsea will opt to remain where they are currently located with more land area to build on then they would have had previously.
Any decision to stay at the bridge would be undoubtably popular with supporters, who fear a move away from Chelsea’s historic home since the club was founded in 1905.
It would however mean relocating to another stadium during the rebuild, with Fulham’s Craven Cottage the primary candidate to host the Blues.
Wembley Stadium, the London Stadium and Twickenham are alternative options.
