Chelsea make “agreement in principle” for huge deal that could change future of the club

Chelsea's Stamford Bridge stadium in London

Chelsea are set to complete a major land purchase adjacent to Stamford Bridge in a major moment in their long term quest to redevelop the stadium.

Jacob Steinberg in the Guardian is reporting that the club have an agreement in principle to buy Sir Oswald Stoll Mansions, a veterans home, from the charity Stoll.

This will not come cheap – it’s a big slice of land in one of the most expensive areas in the world – but it adds a huge amount of space and therefore flexibility for a project which is going to be a real challenge even with this breathing room.

The land in question (which you can see in red in the graphic here) abuts the matchday entrance to Fulham Broadway underground station, meaning a more direct access route could be built.

The massive money the charity get from the deal will allow them to build a fantastic facility elsewhere, while Chelsea remove one of the limiting factors from a tricky project.