English Premier League giants Chelsea announced Thursday they had shelved plans for a new 60,000-seater stadium in London due to an “unfavourable investment climate”. “Chelsea Football Club announces today that it has put its new stadium project on hold,” the Blues said in a statement. But a conflict with one family occupying a property next to the stadium site resulted in significant delays, and pushed the cost up to around £1 billion ($1.33 billion, 1.14 billion euros). The present capacity of Stamford Bridge (41,631) is far below that of Arsenal’s Emirates Stadium (59,867), currently the largest club stadium in the British capital. West Ham are currently embroiled in a trial over the right to use all 66,000 seats at London Stadium.

Source: Punch May 31, 2018 16:52 UTC