Ever since BlueCo completed its takeover of Chelsea Football Club in the summer of 2022, a new stadium has been high on the agenda.
Throughout the past three-and-a-half years, members of the board at Stamford Bridge have gone back and forth between building an entirely new stadium from scratch and renovating and expanding Stamford Bridge.
Both ideas have their problems, which is why we are still none the wiser as to which way they are ultimately going to go. However, the club have now been issued a warning by a top football financial adviser over the drawbacks of renovating Stamford Bridge.
The hidden costs of renovation
While the general renovation work at the stadium would undoubtedly cost hundreds of millions of pounds, there is also one other cost that should be considered if the club believe that this is the best way forward.
🚨 When asked for an update on the Chelsea front-of-shirt sponsorship and the stadium:
— Chelsea Dodgers (@TheBlueDodger) January 16, 2026
"Unfortunately not. Everything is tight-lipped re that at the moment." 🤐
(@BobbyVincentFL) #CFC pic.twitter.com/EyUSm8X6y3
Stefan Borson, a former financial adviser to Manchester City, has told Football Insider that the cost of having to temporarily move into another stadium while work is completed could be putting the Blues off. He said:
“I think it would be expensive. Look, they'll be charged less if these are situations where they can just move straight in, and there's not a whole load of additional cost, because what they can end up doing if it's a move straight in and the grounds don't need to do a lot of work, is that they can do a revenue share.
“They can make it attractive for both parties. It's another one of these situations where it's just better to wait and see what happens because there's been a lot of talk about what's going to happen and how it's going to happen.”
One solution reportedly being considered by Chelsea bosses is a temporary move to Twickenham, as this would rule out the possibility of other Premier League clubs overcharging Chelsea to use their stadia.
FGG says: Time is up
This weekend, Chelsea supporters launched a protest at the club's stadium over how it has been run since the takeover in 2022. The lack of clarity over the stadium is not helping relations between supporters and members ofthe board, so time is now very much of the essence for Todd Boehly and co.