Chelsea fail in bid to buy Battersea Power Station site for new stadium

Chelsea fail in their bid to build a new stadium at Battersea Power Station after the site was sold to a Malaysian company

battersea power station chelsea
Chelsea submitted a bid for the Battersea site in May A Guichard, via Wikimedia

battersea power station chelsea

Chelsea have failed in their bid to build a new stadium at Battersea Power Station after the site was sold to a Malaysian company.

SP Setia and Sime Darby have bought the 39-acre site on the south bank of the River Thames for £400m, it emerged on Thursday.

A statement released by joint administrators Ernst and Young said it had entered into an exclusivity agreement with the company.

The west London club have been looking for alternative sites for a new ground after stating earlier in the year that expanding Stamford Bridge made no economic sense and plans for a new stadium on the same site are unrealistic.

The proposed plans for the Battersea site included a 15,000 capacity one-tier stand behind the south goal.

Wandsworth Council spokesman Ravi Govindia said: “We’re making tremendous progress towards transforming this old industrial stretch of the South Bank which will provide up to 25,000 new jobs for London.”

He added: “It’s important that this site and its iconic building are not left behind and that a developer is brought in who understands our vision for the new Nine Elms.”

Erling Haaland
'He's not a fit': Michael Owen warns Liverpool FC against signing Erling Haaland
BT Sport pundit Joe Cole (Photo: BT Sport)
'His touch is velvet': Joe Cole lavishes praise on Chelsea FC star Reece James
Paul Pogba
Team news: The three Man United players who will definitely miss the trip to Chelsea FC
Michael Owen
Michael Owen reveals his prediction for Arsenal v Newcastle United
Reece James
Reece James salutes ‘very humble’ Thomas Tuchel after Chelsea FC’s flying start to the season
Erling Haaland
'He's not a fit': Michael Owen warns Liverpool FC against signing Erling Haaland
BT Sport pundit Joe Cole (Photo: BT Sport)
'His touch is velvet': Joe Cole lavishes praise on Chelsea FC star Reece James
Paul Pogba
Team news: The three Man United players who will definitely miss the trip to Chelsea FC
Michael Owen
Michael Owen reveals his prediction for Arsenal v Newcastle United
Reece James
Reece James salutes ‘very humble’ Thomas Tuchel after Chelsea FC’s flying start to the season
Top 50 Muslim footballers: Arsenal, Chelsea FC, Liverpool FC and Man United stars feature
Top 50 Muslim footballers: Arsenal, Chelsea FC, Liverpool FC and Man United stars feature