Chelsea are firming up plans to re-develop their Stamford Bridge ground into a new 60,000-seater stadium, the club said on Tuesday.
The current ground of the premier league champions dates back to 1877 and has been home to the club since 1905. The west London club stadium holds only 41,600.
Maximizing proceeds on match days has been Roman Abramovich’s priority since taking over in 2003, but expanding Stamford Bridge which currently seats about 41,600 and hemmed in by railway lines and the busy Fulham Road, has been a problem to the club.
The club’s plans for a new stadium at the iconic Battersea Power station alongside the River Thames were thrown out in 2012.
Abramovich was also keen on building a new stadium at the historic Earl's Court exhibition centre while considering moving out of the immediate area.
The need for a bigger seating capacity has become more necessary as the club’s London rivals, Arsenal moved out of their Highbury home and into the 60,000-capacity Emirates Stadium in 2006, while Tottenham Hotspur are building a new 60,000-seat arena adjacent to their White Hart Lane ground.
West Ham United are also considering moving to the Olympic Stadium next season.
Meanwhile the London borough of Hammersmith and Fulham have confirmed that Chelsea had submitted plans to re-develop Stamford Bridge.