I think the date slips because it’s a competitive auction involving a large sum of money. All parties have lots of due diligence to do and need to get the money together. If a new stadium is built somewhere then where? If on the current site then where’ do you play during the rebuild etc etc. The stadium will obviously have debt as well as equity. 
 

‘’but new stadium could take two years just to pkan, let alone finance. 
amy new stadium financial commitment would be very difficult  to enforce. So I’d take all these stories with a grain of salt. 

Im sure i saw something saying if all goes well the sale will be completed by May sometime..

Makes easing the ticket and general sales stuff up important, Probs why this 30m was being talked about 

Edited March 27, 20224 yr by MasonsMount

Not expecting we hear too much progress for a few weeks at least.

Now the 4 interested buyers have access to the club's data to go through, at the same time they have to prove they can inject 1bill immediately for the stadium and squad. They also have a number of things to prove, like how much of their deal would rely on putting debt on the club, plans to build on or a new stadium etc etc. 

I know someone who does this sort of sh*te for a living and they say that trying to rush these things never works out well. It’s better to take the time needed. 

3 minutes ago, Munkworth said:

I know someone who does this sort of sh*te for a living and they say that trying to rush these things never works out well. It’s better to take the time needed. 

The legal people who are usually involved in these deals would dearly like this to drag on, no doubt about that, but this is different, every week that goes by we haemorrhage millions of £, that will drive this deal on at a pace.

5 minutes ago, coco said:

The legal people who are usually involved in these deals would dearly like this to drag on, no doubt about that

LOL ... f**king leaches !

We know from before that the stadium won’t be rebuilt at Stamford bridge due to the exit issue and not cost effective with the limited attendance.

Roman bought the shopping centre at Fulham Broadway to get access from West and North stand straight in the station and that got turned down. Will depend on pitch owners agreeing to new venue and and using naming rights.

53 minutes ago, Richard P said:

We know from before that the stadium won’t be rebuilt at Stamford bridge due to the exit issue and not cost effective with the limited attendance.

Roman bought the shopping centre at Fulham Broadway to get access from West and North stand straight in the station and that got turned down. Will depend on pitch owners agreeing to new venue and and using naming rights.

We had full approval for rebuilding Stamford bridge and Roman pulled the project. We don't need to move

Been looking into the next stage of the #CFC sale. Raine are hoping for close to $4.5bn. That's very high, essentially double the market value of the club. Offers are more likely to be within the $3.5-4bn bracket.

However, shortlisting in this manner and encouraging failed suitors to join other consortiums gives the club leverage to potentially get a higher price. There won't be much between offers, so important to stress #CFC will judge suitors on other criteria, too.

Bidders have two weeks to present their final offers. That's not a lot of time to do due diligence, which again gives the Ricketts family (who did some in 2018) a bit of a head start.

Once the preferred bidder is chosen they could then ask for a period of exclusivity to complete the sale, which would typically allow further due diligence & back and forth.

But Chelsea want (and need) a sale quickly so it's not likely the sale speed once one suitor is chosen will slow significantly. But the reality is takeovers usually take months and #CFC are trying to sell at super-speed.

From talking to the parties, there are some key differences in approaches.

Boehly is focusing on connecting with the fanbase and modernising the club. He's very 'value' or business-orientated and has always been skeptical of Abramovich's original valuation.

Broughton, Blitzer and Harris have outlined ways to balance Chelsea's books and further 'globalise' the brand.

Latter two have strong experience in fan engagement and partnerships. Their Palace links give them EPL knowledge but also cause all kinds of logistical headaches.

All parties must not only win over #CFC but present to the UK gov. On face of it, Boehly & Broughton are the leading two contenders. Ricketts family do have a strong pitch. But they're so unpopular. To not listen to the fanbase when picking an owner would be damaging to the club.

From Ben Jacobs

 

15 minutes ago, JM7 said:

Been looking into the next stage of the #CFC sale. Raine are hoping for close to $4.5bn. That's very high, essentially double the market value of the club. Offers are more likely to be within the $3.5-4bn bracket.

However, shortlisting in this manner and encouraging failed suitors to join other consortiums gives the club leverage to potentially get a higher price. There won't be much between offers, so important to stress #CFC will judge suitors on other criteria, too.

Bidders have two weeks to present their final offers. That's not a lot of time to do due diligence, which again gives the Ricketts family (who did some in 2018) a bit of a head start.

Once the preferred bidder is chosen they could then ask for a period of exclusivity to complete the sale, which would typically allow further due diligence & back and forth.

But Chelsea want (and need) a sale quickly so it's not likely the sale speed once one suitor is chosen will slow significantly. But the reality is takeovers usually take months and #CFC are trying to sell at super-speed.

From talking to the parties, there are some key differences in approaches.

Boehly is focusing on connecting with the fanbase and modernising the club. He's very 'value' or business-orientated and has always been skeptical of Abramovich's original valuation.

Broughton, Blitzer and Harris have outlined ways to balance Chelsea's books and further 'globalise' the brand.

Latter two have strong experience in fan engagement and partnerships. Their Palace links give them EPL knowledge but also cause all kinds of logistical headaches.

All parties must not only win over #CFC but present to the UK gov. On face of it, Boehly & Broughton are the leading two contenders. Ricketts family do have a strong pitch. But they're so unpopular. To not listen to the fanbase when picking an owner would be damaging to the club.

From Ben Jacobs

 

Rushed nature of the sale is a concern but unfortunately needed unless the sanctions against Roman are lifted as the club is hemorrhaging money and only make money from TV. Even our ticket sales go to the FA, the PL or to charity.

 

11 hours ago, Richard P said:

We know from before that the stadium won’t be rebuilt at Stamford bridge due to the exit issue and not cost effective with the limited attendance.

Roman bought the shopping centre at Fulham Broadway to get access from West and North stand straight in the station and that got turned down. Will depend on pitch owners agreeing to new venue and and using naming rights.

Possibly the stadium options will be a refit rather than the top design Roman had proposed.

If the hotel complex can be demolished can see why we can't extend the Shed backwards and put a shallower incline on the seats, might get us 5,000+ more seats.

The Mathew Harding stand too could probalby be replaced with another independent stand to give us more seats perhaps as many as 2,000.

That would put us near 50k and with planning consent would likely be much easier. 

On 26/03/2022 at 16:08, MasonsMount said:

VERY interesting, Is the source reliable? I ask that as even a billi wont be enough just for an entire new stadium but £500m would cover atleast 1 maybe 2 new stands and £500m for transfers is a start esp with our academy starting to really produce... 

I am very much of the opinion that we won’t see a new stadium and that any improvements will be on a stand by stand basis. That is unless some sort of land swap is on offer with the Earls Court Development 

A significant amount of the prep and planning for extra capacity on site has been completed. Things like right of light etc  already been sorted .That was key. Egress is the main issue in terms of increasing capacity. 

I personally think the most likely way forward will be a stand by stand redevelopment. Much of the land required has been purchased the West Stand is  a reasonably modern facility with  further upgrades already in train . I don’t know the number but my guess is that stand generates  around 40% of matchday revenue 

The East  Stand ,The Shed are far too small as is the Matthew Harding. Their current capacities are 11000,6414 & 10884 respectively 

To a large degree if you could get the capacity up to around 50-55 k on the current footprint you would be doing well but when you factor in the East Stand currently has around 25% less  capacity than the stand opposite then you do start to wonder particularly if you built up from the boundary formed by the railway to the East and North  with the access to other areas of the site under cover much akin to how Old Trafford is configured .

The Shed End has issues because as we know their is a hotel, apartment and the ticket office club shop etc immediately behind. All those properties are now under the ownership of Fordstam. As I believe is the shopping Centre at Fulham Broadway which affords opportunities in terms of a new club shop and ticket office off site which won’t suit all but space on the current site really is of a premium 

We all know that the now shelved rebuild plans would have been very very expensive and they included a significant time away from SB .Cost is a major  issue but the cost of a total rebuild would be even greater . The current rebuild of Fulham’s main stand is costing less than £100 million that stand had major issues because it is bordered by The Thames.

 

 

 

 

 

 

 

20 minutes ago, strider6004 said:

Possibly the stadium options will be a refit rather than the top design Roman had proposed.

If the hotel complex can be demolished can see why we can't extend the Shed backwards and put a shallower incline on the seats, might get us 5,000+ more seats.

The Mathew Harding stand too could probalby be replaced with another independent stand to give us more seats perhaps as many as 2,000.

That would put us near 50k and with planning consent would likely be much easier. 

Much akin to my thoughts posted a little while after this.

The reality is there are some real clever individuals out there who almost certainly were  already thinking through cheaper  practical options and of course we won’t know about about conversations with planners and what sort of constraints and options the club has but what I think is apparent is that   the sums needing to be committed in terms of stadium and other development means that there were some emerging options.

 

 

Abramovich's new stadium design was eventually approved. The process was delayed by concerns over a larger capacity crowd exiting onto the Fulham Rd only. A new design with a large concourse built over the northern railway leading directly into Fulham Broadway Station was approved. I believe the process took about 3 years. 

The design of the stadium itself looked extraordinarily complex with hundreds of brick built columns holding the roof up. It looked like somebody at the planning depot had deliberately made it difficult to get a design approved. Its an affluent area of London and the residents also probably made it tricky so I can't see an inexperienced foreign investor getting a new design approved any time soon. 

For me the stadium is key to the clubs long term success and this needs to be addressed during selection process. Surely any serious investor will know this. 

Nothing winds me up more than the no history bollocks.

 

2 hours ago, bluehaze said:

Nothing winds me up more than the no history bollocks.

 

I'm always arguing the above when some random moron pulls out the 'mid table' or 'no history' bollocks.

4 hours ago, Andy North said:

Abramovich's new stadium design was eventually approved. The process was delayed by concerns over a larger capacity crowd exiting onto the Fulham Rd only. A new design with a large concourse built over the northern railway leading directly into Fulham Broadway Station was approved. I believe the process took about 3 years. 

The design of the stadium itself looked extraordinarily complex with hundreds of brick built columns holding the roof up. It looked like somebody at the planning depot had deliberately made it difficult to get a design approved. Its an affluent area of London and the residents also probably made it tricky so I can't see an inexperienced foreign investor getting a new design approved any time soon. 

For me the stadium is key to the clubs long term success and this needs to be addressed during selection process. Surely any serious investor will know this. 

https://theathletic.com/3197847/2022/03/26/chelsea-and-the-stamford-bridge-dilemma-facing-any-new-owners?source=user-shared-article

There's a great article on the athletic about it. Behind a paywall. But worth subscribing in my opinion if you can get a good offer online

 

I'll tell you an example of a great stadium refit...

Ashton gate, Bristol city's new stadium built on the same land possibly they bought some houses to make the space for one end but something similar would probably be the quickest way to turn the bridge back into a building site!!

I think 50-60k attendances will be sold out if we extend to that sort of number, possibly with clever seating (like Bristol) we could cram in 5k extra a stand

Then its simply about like others have mentioned the infrastructure around the club to facilitate larger gates, However what I'd like to know is at what point does the gov/council/planners decide 'right that's too many, We now require you to build bridges (Civil engineers dream/nightmare). 

Then it goes to the opinions into the hat with regards to the extent of how many more seats everyone wants.

i.e. "right lads we can extend it by 25k but means giant infrastructure expenses or do we just try and fit in 10-15k extra seats but for a lower cost and quicker turn around...."

Hopefully we end up in an equivalent situation in the coming weeks and then we can start a new stadium thread!!

KTBFFH

Edited March 28, 20224 yr by MasonsMount

Blimey, Roman's been poisoned at peace talks earlier this month! Breaking news.

14 minutes ago, Mod said:

Blimey, Roman's been poisoned at peace talks earlier this month! Breaking news.

By Putin or the UK government?

Prayers for Roman.

Somehow I still expect he us painted as the villain.

https://www.dailymail.co.uk/news/article-10660555/Roman-Abramovich-suffered-suspected-POISONING-Ukraine-peace-negotiators.html

20 minutes ago, axman2526 said:

By Putin or the UK government?

By a couple of blokes visiting the cathedral probably

This was a while back, earlier in the month. He's been seen since then alive and well?