Chelsea: New stadium key to continued competitiveness
![LONDON, ENGLAND - JANUARY 11: Ross Barkley of Chelsea clears the ball off the line during the Premier League match between Chelsea FC and Burnley FC at Stamford Bridge on January 11, 2020 in London, United Kingdom. (Photo by Mike Hewitt/Getty Images) LONDON, ENGLAND - JANUARY 11: Ross Barkley of Chelsea clears the ball off the line during the Premier League match between Chelsea FC and Burnley FC at Stamford Bridge on January 11, 2020 in London, United Kingdom. (Photo by Mike Hewitt/Getty Images)](https://images2.minutemediacdn.com/image/upload/c_fill,w_720,ar_16:9,f_auto,q_auto,g_auto/shape/cover/sport/0b6581bb93079219a4d1b8f3e8a6043c3c12d9a2f7fb880293d495401780869d.jpg)
A new stadium is the key to the long-term future success of Chelsea in both the English Premier League and in European competitions.
As the summer transfer window continues, the cost of great players makes it clear that Chelsea will struggle to compete in the future without a new 60,000+ seat stadium. Mega-million Euro deals are essential for players who provide the talent to compete both in the Premier League—the most competitive and best football league in the world—and in European competitions. Cases in point are major deals for Christian Pulisic, Timo Werner and Hakim Ziyech recently; even then, these could be considered bargain transfers.
Now, Chelsea is nearing a deal with Kai Havertz, the ball magician from Bayer Leverkusen, and the tab for that deal will be upwards of £75-90 million, not to mention salary considerations. Even then, that’s likely the tip of the iceberg for this window. As players like this are brought in and others will need to be brought in in the future, a way of raising necessary revenue is building a new stadium—or an upgrade—that will furnish these additional revenues on an annual basis.
In addition, to compete against the likes of Bayern Munich, Real Madrid and Barcelona, as well as other European powers, it will take the further investment of probably hundreds of millions of pounds. The gulf that separates a team like Bayern from Chelsea was clear in the two-game demolition of the Blues in the Champions League this year. While getting drubbed by Bayern is not a complete embarrassment, since it seems to be happening to just about every other club around, it still illustrates that the gap between the two is enormous.
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The saga of the new Chelsea stadium is well-known to Blues fans. It was put on hold some time ago and has yet to be resurrected, even though the City of London planning officials provided an extension to the team on permits. Building means jobs; even bigger buildings mean even more jobs and that is a great way for the club to repay the surrounding areas. Hopefully, it will be put on a fast track, and the building can begin as soon as possible for the benefit of the club, its fan and its community.
Besides being a generator of great additional revenue and the tremendous new facilities provided to the club’s players and fans, a new stadium is also a magnet for players who want to play in a modern, competitive stadium before a larger number of fans. While an older stadium like Stamford Bridge is iconic, these are more than it can handle.
With seating in the low 40,000s, the Bridge can no longer compete with the likes of Tottenham Hotspur Stadium, Arsenal’s Emirates Stadium and the larger stadiums in Manchester; not to mention the colossal arenas in Barcelona, Madrid, Munich and others. A new stadium becomes another chip added to the pile of positives on Chelsea’s side when a world-class player has to decide on the Blues or another top club in the UK or Europe. In conclusion, the home venue matters.
A new stadium will be a huge positive for the club as it will generate significantly more revenue than the current stadium. Living in London is a great attraction to potential transfers, the club’s history is a sure-fire draw. and the presence of the other top talents is a major pull. Factor in the great magnetism of manager Frank Lampard and they all contribute to helping bring in—and keep—top talents in Blue.
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Hopefully, the potential rejuvenation of efforts to construct a new, larger, more modern stadium begins again soon; it would only benefit the club in the long run.