The Belgian has left the club on loan this season but could still aide their transfer strategy this summer. He said: "There's also an ongoing issue with Stamford Bridge, it's not big enough, that's the simple statement. Housing experts Rightmove estimate the average house price in Fulham to be 1.1m, and Stamford Bridge sits on a site approximately 10 acres in size. Austria made Germany ride their luck but had no answer to their relentless attack, Spain's Paredes escapes charge despite claims of biased refereeing in England Euro 2022 defeat, Millie Bright has become a Rolls-Royce defender spearheading England through Euro 2022, Newcastle's striker problem, Everton's need for more quality and Frenkie de Jong latest, How Chelsea could line-up next season, with Sterling's versatility and Koulibaly in defence, deadline for prospective owners to bid for the club passed last week, make the final decision on who will buy the club, England reach Euro 2022 semi-finals after Stanway thunderbolt beats Spain in extra time, That is my son and he is the world champion!: Commentator gets chance to call his dream race, Everton fans plan another Moshiri protest with prospective new owners still 'very interested', Pre-season hysteria is out of control, from raving over Ten Hag's tweaks to Nunez's misses, Newcastle told to double Harrison offer, Sunderland in Parrott race, Liverpool's youth focus, Stokes' retirement showed the 50-over format is dead, but the glut of cricket is getting worse, How England can reach the Euro 2022 final and who they could play in the knockouts, The 10 best FPL defenders to sign for your FPL team - from Alexander-Arnold to Perisic, How England reached Euro 2022 semi-finals despite a lesson in possession from Spain, The confirmed F1 driver line-up for 2023 so far with Ricciardo bullish on his McLaren future. The Chelsea Pitch Owner's site suggests: "Shares start at 100 plus admin fee with premiums for framed and player signed shares". By contrast, fans can become CPO shareholders for just 110, entitling them to votes on key issues. All rights are reserved, Who are the Chelsea Pitch Owners? John Terry is the President with shares starting at 100 plus admin fee with premiums for framed and player signed shares which get you a certificate. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Scott Keown, real estate commercial partner at JMW Solcitors, told i: Given that CFC is located in a strategic and comparatively high-value central London location, a buyer or developer would be facing many physical, logistical and regulatory constraints connected with any proposal to substantially alter the status quo of Stamford Bridges existing physical layout or its existing structures.
Become a part owner of Stamford Bridge, Message from @pitchowners: The CPO are appealing for Pitch Owners to encourage fans to buy a share. This despite Terry as president, speaking in favour of the move. The CPO does owe Chelsea an annual lease payment that must be funded through sale of CPO shares. Use tab to navigate through the menu items. Chelsea Pitch Owners - Support the CPO and buy a share for yourself. [5] Former club captain John Terry is the current President of the CPO. However, somewhat uniquely they might not be buying the name of the club or the ground they play at. Chelsea news and transfers LIVE: Granovskaia exit, Ratcliffe takeover decision, Rudiger boost, Chelsea takeover news LIVE: Roman Abramovich sale, Jim Ratcliffe verdict, offer expected 'soon', What Jorginho did to Harvey Vale as Tuchel ponders what next for Romelu Lukaku and Timo Werner, The emphatic reminder of a Chelsea legacy that will outlast Roman Abramovich following Luton win, What Antonio Rudiger did after Thomas Tuchel's surprise Chelsea decision against Luton, Sir Jim Ratcliffe responds to rumours he will buy Chelsea from Roman Abramovich, Chelsea news and transfers LIVE: Blues anger with Kounde, Werner issues, Broja hold up, All the latest Chelsea news as it happens in today's live blog, Jules Kounde to Chelsea: Barcelona fly him to Portugal, personal terms agreed, Blues frustration. This cookie is set by GDPR Cookie Consent plugin. We also appreciate how big a football fan he really is. Speaking on the Price of Football podcast, football finance expert Kieran Maguire noted one of the major hurdles to overcome to persuade any interested party to purchase Chelsea. This cookie is set by GDPR Cookie Consent plugin. "We've got West Ham, Arsenal and Spurs in London at 60,000 plus. Also Read:Ashok Mittal LPU Biography, Age, Family, AAP Rajya Sabha Punjab Candidate, Education, Net Worth The SportsGrail, Recommended: Courses in Sports Management, Oleksandr Zinchenko is an exceptional footballer, says Arsenal manager Mikel Arteta, India set to avoid FIFA ban as SC agrees for expeditious hearing on AIFFs constitution, Commitment to franchise cricket assuming significant importance on countrys agenda: Ian Bishop. Ken Bates set up the Chelsea Pitch Owners after the club entered into an agreement to take on the lease for Stamford Bridge, with an option to purchase the freehold for 5 million in 1992. The Arsenal youngster has continued his injury recovery by watching the Chelsea and Manchester City stars. To learn more, visit the Chelsea Pitch Owners website here. Chelsea was on the verge of losing the stadium as a result of the transfer. 
Names such as Todd Boehly, Hansjrg Wyss and even Conor McGregor have put themselves in the frame to become the Blues' new owner, though Abramovich has said he will not fast-track any sale. That's going to be an expensive project and also, it's going to take a long time to sort because finding a property space in London with the appropriate planning permission to build a 60,000-plus stadium is not going to be an easy task and it's going to involve perhaps dismantling existing properties, getting the right planning permission and then there's the issue of funding.". Saudi Media have reportedly bid 2.7billion for the Stamford Bridge club and want to renovate the ageing stadium. John Terry is president of the group while Neil Barnett, Steve Clarke, Marcel Desailly, Jimmy Floyd Hasselbaink, Pat Nevin, David Webb and Dennis Wise are vice presidents. You also have the option to opt-out of these cookies. CPO - What and Why: The CPO has a 199 lease for the physcial ground that Stamford Bridge sits upon PLUS the name Chelsea. CIA strongly encourages our members to support the CPO and purchase your own piece of Stamford Bridge & Chelsea FC. The Chelsea Pitch Owner's site suggests: "Shares start at 100 plus admin fee with premiums for framed and player signed shares". Glenn Hoddle's want for a bigger pitch ensured the cost ended up at 10.2 million with the size of the Shed End reduced and West Stand increased. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
Names such as Todd Boehly, Hansjrg Wyss and even Conor McGregor have put themselves in the frame to become the Blues' new owner, though Abramovich has said he will not fast-track any sale. The deal was restructured so that the pitch owners could acquire that option for the stadium site. The powerful fan group that owns the freehold to Stamford Bridge has told i that Chelseas new owners will have their support as long as they have plans to turn the ground into Londons best stadium. Raheem Sterling reveals great 'connection' with Chelsea star as Thomas Tuchel plans new attack. It holds both the freehold and the name rights to Chelsea Football Clubs Stamford Bridge stadium. Chelsea Pitch Owners plc is a nonprofit organisation which is part of Chelsea Football Club, tasked with the upkeep of the stadium. Suitors are reported to have until this Friday's deadline to submit a 'detailed background report' on all of their backers. These include: The relevant recommendations of the 2021 Fan-led Review of Football Governance are implemented, namely: Chelsea Pitch Owners PLC holds the freehold of Stamford Bridge stadium and the name Chelsea FC and is a group of over 23,000 individual shareholders. Following this, Chelsea Pitch Owners was created, and in 1997 it purchased the Stamford Bridge freehold, the turnstiles, the pitch and the Chelsea FC name with the aid of a non-recourse loan of 10 million[1] from Chelsea Village plc, the parent company of the club. One of Chelseas biggest future challenges, and all football clubs for that matter, will be to engage the modern fan and keep them engaged through an improved matchday and fan experience, says Ben Peppi, a former sports agent who is now head of sport services at JMW Solicitors. Even without a Premier League football club, the value of the site alone is in the hundreds of millions. Consultation with supporters through the creation of a democratically elected shadow board. The idea is that Chelsea FC plays football at Stamford Bridge, Isitt adds. 2021 Associated Newspapers Limited. Fans are encouraged to purchase shares in order to secure the club's future. The Blues are undergoing severe structural change as the new owners plan to create a sustainable model at the club.
All rights reserved. The clubs freehold was sold to property developers Marler Estates as a result of the financial crisis and subsequent change of ownership (and subsequently Cabra Estates). stream The Chelsea Pitch Owners have already seen their impact felt when Abramovich looked to purchase the group in 2011 as he hoped to look at stadium options away from Stamford Bridge in areas like Earls Court and Battersea. John Terry, a former club captain, is the current President of the CPO. This was set up in 1997 to ensure that Chelsea FC could not relocate without approval of the fans. However, by 1997, 7,580 shares had been sold, leaving the group well short of being able to buy the stadium site. football.london takes a look at the group below: Chelsea Pitch Owners PLC is the company that holds the freehold of Stamford Bridge stadium and the name Chelsea FC. The stadiums (and hence the clubs) future was only assured in 1992, when a market crash bankrupted the property developers, allowing then-chairman Ken Bates to work out a deal with their bankers and reclaim control of the stadium for the football club. It's a group made up over more than 23,000 individual shares with the purpose of protecting the future of Stamford Bridge while allowing supporters to own part of the football club. However, it will be current owner Roman Abramovich and merchant bankers Raine Group who make the final decision on who will buy the club. As a result, the club ended up agreeing a deal to lend the Chelsea Pitch Owners the funds to purchase the freehold on soft terms, and in exchange they offered the club a 199-year lease with a nominal rent. It owns both the freehold of the Stamford Bridge stadium and the naming rights of Chelsea Football Club. Chelsea Chairman Bruce Buck, said: "Chelsea should always be grateful to those who invested in CPO. It does not store any personal data. This may include adverts from us and 3rd parties based on our understanding. 
Ken Bates set up the Chelsea Pitch Owners after the club entered into an agreement to take on the lease for Stamford Bridge, with an option to purchase the freehold for 5 million in 1992. The Russian owner failed to get 75% of shareholders to agree, only persuading 61.6%. Following a large-scale attempt to restore Stamford Bridge in the 1970s and 1980s, Chelsea ran into major financial difficulties. The CPO also owns the Chelsea Football Club Ltd name, which is licenced back to the club on the condition that the first team plays its home games at Stamford Bridge. Around 15,000 CPO shares were sold in 2011, and the debt was paid off to the tune of 1.5 million. There are reportedly as many as 200 investors interested in buying Chelsea amid huge interest in taking the reins at the Premier League giants. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Irrespective of how many shares are owned by an individual, voting rights are limited to 100 per shareholder to prevent any one person or organisation gaining control of the CPO. Any prospective Chelsea buyer will be purchasing a club prepared to challenge at the very top, with promising youth development to match. John Terry's role and their stance on Roman Abramovich sale. The group's strapline is Our History, Our Future, Our Home. That's going to be an expensive project and also, it's going to take a long time to sort because finding a property space in London with the appropriate planning permission to build a 60,000-plus stadium is not going to be an easy task and it's going to involve perhaps dismantling existing properties, getting the right planning permission and then there's the issue of funding.". A deadline for prospective owners to bid for the club passed last week and a number of different consortiums are trying to demonstrate their west London credentials in an effort to win popular support. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The rules of the CPO are designed to protect against such an attempted buy-out; it is one share, one vote, with each individual person limited to 100 votes, even if they buy more than 100 shares. The corporation is a non-profit organisation with no stock exchange listing. [1][2] The CPO in turn granted the club a 199-year lease on Stamford Bridge at a peppercorn rent. A guarantee that there will be no attempts to exit existing sporting structures without the engagement of key stakeholders, with supporters at the forefront - this includes the European Super League.. 'XJdj!UfbV)Y7N_$L. "[7], The proposal was brought in a general CPO meeting on 27 October 2011 but failed to pass as only 61.6% of the total votes were cast in favour of the proposal, below the 75% minimum requirement. Old Trafford holds 74,000, the Glazers are potentially going to increase that to 80,000, Liverpool are at 54,000, they want to expand to 60,000, Manchester City want to expand to 60,000. They also offer an opportunity to have your share presented on the pitch during warm ups by a Chelsea player. Headed by Chelsea fan Mohamed Alkhereiji, the private consortium are receiving 'support in finding funding and backers' from Mohammed bin Khalid Al Saud. However, somewhat uniquely they might not be buying the name of the club or the ground they play at. We just want to see new owners with as much passion for the football club as us, and with plans to develop the stadium, because the best team in London deserves the best stadium in London, Chris Isitt, chair of the CPO, told i. We also use third-party cookies that help us analyze and understand how you use this website. When you purchase a share, you do become a voting member of the CPO and part of the control of Chelsea FC. Sign-up to the free Chelsea newsletter. [1], The future of the stadium (and hence the club) was only secured in 1992, when the property developers were bankrupted by a market crash, allowing the then-chairman Ken Bates to do a deal with their bankers and to regain control of the stadium for the football club. [6], On 3 October 2011, Chelsea Football Club made a proposal to buy back the freehold land (owned by CPO) on which the football stadium at Stamford Bridge sits, which would pave the way for a move to a new ground. A commitment from prospective owners to continuing and building on the legacy of the Chelsea Foundations outstanding community work. Russian owner Abramovich put the club up for sale at the start of March in the wake of his country's invasion of Ukraine. Investment in the ground is probably a necessity though. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Something went wrong, please try again later. It's a group made up over more than 23,000 individual shares with the purpose of protecting the future of Stamford Bridge while allowing supporters to own part of the football club. Buy A Share: The price to purchase a share was lowered to as low as 30 per share. Developments at rivals such as Arsenal and Tottenham has created long-term financial stability while Chelsea have been reliant on loans from Abramovich that he says he has written off. Contact us email: Club.Secretary@chelseainamerica.com. A golden share for fans to protect key items of club heritage. On Wednesday evening Roman Abramovich confirmed the news all the rumours and speculation were suggesting - he is planning to sell Chelsea football club. The Blues are now waiting for a decision from Sevilla, though that could be impacted by Barcelona's ability to quickly generate funds. The CPO own the freehold of the Stamford Bridge pitch, making them key stakeholders in any development plans, and also own the rights to the name Chelsea Football Club, which they license back to the club. Necessary cookies are absolutely essential for the website to function properly. Bayern Munich give Chelsea the perfect Cesar Azpilicueta replacement amid Thomas Tuchel rebuild, Benjamin Pavard is the latest defender to be linked with Chelsea as Todd Boehly prepares for Cesar Azpilcueta departure, Emile Smith Rowe using popular Chelsea star as model for his World Cup mission at Arsenal. %PDF-1.4 
Fans are urged to invest in the clubs future by purchasing shares. https://thesportsgrail.com/chelsea-pitch-owners-president-shareholders-share-price-debt-certificate-twitter/, Chelsea Pitch Owners plc is a charitable organisation that is part of Chelsea Football Club and is responsible for the stadiums upkeep, know its president, share price, shareholders and debt. This means that if Chelsea moves to a new stadium in the future, they will need consent from 75 percent of CPO shareholders to use the name Chelsea Football Club. On Wednesday evening Roman Abramovich confirmed the news all the rumours and speculation were suggesting - he is planning to sell Chelsea football club. Blues director Marina Granovskaia is also offering interested groups guidance during the process. Chairman Bruce Buck acknowledged that there were a number of obstacles to overcome, including gaining support from fans, CPO shareholders, and local Wandsworth residents, as well as obtaining Wandsworth Council, the Greater London Authority, and heritage authorities approval. As of 2011, around 15,000 CPO shares have been sold, and approximately 1.5million of the debt has been paid off. To learn more, visit the Chelsea Pitch Owners website, A COALITION OF 45+ OFFICIAL CHELSEA USA SUPPORTERS GROUPS. The deal was restructured so that the pitch owners could acquire that option for the stadium site. John Terry is president of the group while Neil Barnett, Steve Clarke, Marcel Desailly, Jimmy Floyd Hasselbaink, Pat Nevin, David Webb and Dennis Wise are vice presendent. What have the Chelsea Pitch Owners have said about Roman Abramovich leaving Chelsea?
Famous shareholders include current manager, Thomas Tuchel, Frank Lampard, Antonio Conte, Jose Mourinho, Pat Nevin,Steve Clarke,Marcel Desailly, Jimmy Floyd-Hasselbaink,David Webb,Dennis Wise and Ray Wilkins. CPO looks forward to the next chapter and remains committed to its responsibility as owner of the freehold and ensuring that football continues to be played at Stamford Bridge.". 
Old Trafford holds 74,000, the Glazers are potentially going to increase that to 80,000, Liverpool are at 54,000, they want to expand to 60,000, Manchester City want to expand to 60,000. football.london takes a look at the group below: Chelsea Pitch Owners PLC is the company that holds the freehold of Stamford Bridge stadium and the name Chelsea FC. I hope all shareholders vote in favour of the proposal. Shareholders can be of any age and shares can be bought on behalf of others from this site. Like all Chelsea fans we appreciate the enormous amount of investment he has made in our club which has contributed to so much success on the pitch. 1/2 In response to the many comments posted in recent days, we wholly support statements from @ChelseaSTrust particularly that we have no legal role or direct say on the decision as to who the Club will be sold to which is a commercial matter for Chelsea FC, Chelsea Pitch Owners (@pitchowners) March 23, 2022. Just post an image of you with the share certificate & tag us in on twitter. The cookie is used to store the user consent for the cookies in the category "Other.
The sale has been complicated by the government's decision to place sanctions on Abramovich which stop him doing business in the UK. xM3)|dh%3)e#e/;M`f[4P[ oo;_5?~zzQ'O_?xevLvW&r17M_z;+{wog~e}+t_?og8}~[ r_*Bp7ygtL(^gbwgN{k@oBc_C^c*s,Y+/#[zH19o_o?2# ]o/IN"l!7 5|]L2=7o\
The Chelsea Pitch Owners have already seen their impact felt when Abramovich looked to purchase the group in 2011 as he hoped to look at stadium options away from Stamford Bridge in areas like Earls Court and Battersea. You can unsubscribe at any time. The Russian oligarch may not necessarily take into account the number of Chelsea season ticket holders involved in a bid or their links to the club, but popularity among supporters will come into play if, and probably when, the new owners come to upgrade the ailing Stamford Bridge stadium. The precarious position of the club has driven sales through the roof. ", Chelsea Chief Executive Ron Gourlay said: "I am sure all Chelsea fans have enjoyed the football and success we have witnessed at Stamford Bridge since 2003 and Chelsea Football Club and Mr Abramovich are determined to ensure that the club continues to compete at the highest level of world football." 
THE CHELSEA Supporters Trust has laid out seven demands to any prospective new owner hoping to buy the club from Roman Abramovich.
You may not be able to go to the Bridge anytime soon but we need shareholders more than ever. Following this, Chelsea Pitch Owners was formed, and with the help of a non-recourse loan of 10 millionfrom Chelsea Village plc, the clubs parent company, it purchased the freehold of Stamford Bridge, the turnstiles, the pitch, and the Chelsea FC name in 1997. This cookie is set by GDPR Cookie Consent plugin. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Shareholders also include Thomas Tuchel and Jose Mourinho alongside thousands of Blues fans. 2021 The SportsGrail, Sportsgrail Pvt Ltd All rights reserved. [1][3] Its purpose is to raise the money needed to pay off the loan and then lease the freehold back to the club, on the strictly-defined proviso that the ground may only be used for football purposes. These cookies track visitors across websites and collect information to provide customized ads. [1], In granting control of the freehold to Chelsea Pitch Owners, the intention was to ensure that Stamford Bridge could never again be sold to property developers. The goal of providing Chelsea Pitch Owners control of the freehold was to ensure that Stamford Bridge would never be sold to property developers again. Meanwhile, the Premier League is hopeful a new buyer for Chelsea can be found soon but that is not easing the uncertainty being felt in every department of the European champions. This website uses cookies to improve your experience while you navigate through the website. Arsenal news and transfers recap: Oleksandr Zinchenko announcement, Tavares exit, Paqueta price, All the latest Arsenal transfer news and rumours as they happen in our live blog on Thursday, Arsenal already have Youri Tielemans alternative after Arteta admission and it's not Zinchenko, football.london's Gunners writer Kaya Kaynak looks back on the talking points from the 3-1 win over Orlando City at Exploria Stadium, Mikel Arteta 'sets timeline' for Youri Tielemans signing as Arsenal's transfer plan is confirmed, The Gunners boss has hinted that the pursuit of more signings could be accelerated in the coming days, Pep Guardiola makes Gabriel Jesus comparison as Arsenal told he is 'the best' in key area, The Man City manager has been reflecting on the current and past striker's and Gabriel Jesus' name was brought up when a comparison was made to one of his new recruits, Gabriel Jesus' Arsenal golden boot chances rated as Harry Kane and Erling Haaland prediction made, The Brazilian has made a strong start to Arsenal pre-season but a former Premier League footballer doesn't believe he will be competing for the golden boot, Tottenham could sign their own Lionel Messi and Neymar as Antonio Conte considers next transfer, The Coventry born attacking midfielder is the heartbeat of Brendan Rodgers' side and only a crazy offer could convince the Foxes to relinquish their star player, Chelsea news: Thomas Tuchel eyes Jules Kounde backup transfer plan as Todd Boehly dealt decision, All your latest Chelsea morning headlines on Friday with updates on Leroy Sane, Benjamin Pavard and Timo Werner, Arsenal news: Nuno Tavares 'in talks' to join rival as Edu wins 50million defender battle, The latest Arsenal news from football.londonon Friday morning including updates on, Chelsea news and transfers LIVE: Cristiano Ronaldo wage demands, Kounde 'hint', Pavard 'eyed', Arsenal news and transfers LIVE: Oleksandr Zinchenko announcement, contract signed, Sane twist, Tottenham news and transfers LIVE: James Maddison sale, Ivan Perisic move, Pau Torres boost, Keep up to date with all the latest Tottenham Hotspur news in our live blog on Thursday, Arsenal star drops huge transfer hint as Youri Tielemans and Lucas Paqueta opportunities open up, The Uruguayan is expected to depart this summer if a suitable offer was to come in but in the meantime, Mikel Arteta has included him on the pre-season tour, Tottenham icon sends Antonio Conte five word blunt message on objectives after transfer success, Jurgen Klinsmann has sent Antonio Conte a clear message on what he needs at Tottenham after a successful transfer window so far, Eddie Nketiah reveals all about a 'chat' with Arsenal's Gabriel Jesus as goalscoring promise made, The two strikers have netted at least once on this American pre-season tour with Chelsea next in the sight of the forward pair, Steven Bergwijn's Antonio Conte claim after Ajax return leaves Tottenham decision questioned, Steven Bergwijn has opened up on his final season at Tottenham and hints at his confusion as to why Antonio Conte didn't give him more game time.
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