Concerning update in Stamford Bridge redevelopment process amid Abramovich’s absence

Concerning update in Stamford Bridge redevelopment process amid Abramovich’s absence

The announcement comes after it emerged the Russian billionaire was yet to have his British visa renewed amid a crackdown by authorities on associates of Russian President Vladimir Putin.

Abramovich was reported to have taken Israeli citizenship earlier this week, prompting United Kingdom media speculations that he might sell Chelsea, which he bought in 2003.

Chelsea have ditched plans to build a new 60,000-seater stadium due to what they call an "unfavourable investment climate". The club laconically added that "No further pre-construction design and planning work will occur". Chelsea does not have a time frame for reconsidering its decision, according to a statement on the club's website. "The decision was made due to the current unfavorable investment climate".

The football club had already received planning permission for the new west London stadium with Mayor Sadiq Khan calling it a "jewel in London's sporting crown".

The delay, which Abramovich believes is linked to increased political hostilities between Russian Federation and the West, has not angered the oligarch, two people close to Abramovich told the Financial Times.

Brigitte Nielsen expecting 5th child at 54 years old
And also her latest picture showed off her pregnancy, saying: "happy time positive vibes #happyness #positivevibes". This will be the Danish actress's fifth child, but her first with her current husband, who she married in 2006.

Blanc would obviously be available should Conte now leave, although it is understood Avram Grant remains a key member of Abramovich's inner sanctum.

Chelsea has other issues to deal with as well at the start of the offseason.

The potential for tumult at Stamford Bridge is now of a different magnitude.

Abramovich bought Chelsea in 2003, since when the club has won five Premier League titles, five FA Cups and one Champions League during the most successful spell in the club's 113-year history.

On Thursday, there were also reports that Chelsea had terminated contract talks with goalkeeper Thibaut Courtois.

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