Chelsea Football Club may not see the completion of a new stadium until 2042, according to co-owner Todd Boehly.
In a recent interview, Boehly acknowledged the growing importance of matchday revenue under the Premier League’s strict Profitability and Sustainability Rules, regulations under which Chelsea is being closely monitored. Despite this, the club has yet to make significant strides in addressing the issue.
Stamford Bridge currently ranks ninth in terms of stadium capacity among Premier League clubs, seating approximately 41,000 fans. That figure puts Chelsea more than 33,000 seats behind Manchester United’s Old Trafford, a gap that could impact both revenue and competitiveness.
“I think everyone recognises that a club as big as Chelsea should have a stadium that reflects the size of the club,” Boehly said. “Ultimately, that’s going to be a strategic advantage.”
Speaking at the Milken Institute Global Conference, Boehly revealed that discussions about a new stadium would likely resume at the end of the current season. He noted that many key details of the project remain unresolved.
“If it’s going to happen, I don’t know. There are a lot of obstacles,” he admitted. “Right now, we don’t have one person driving that project.”
The lack of a dedicated lead on the stadium redevelopment raises further questions about when, if ever, the project will move forward.