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10 April 2024

Chelsea Reach Agreement To Purchase Adjacent Sir Oswald Stoll Mansions Site  (Sky Sports)

Chelsea FCChelsea have announced an agreement has been reached to complete the purchase of the Sir Oswald Stoll Mansions site, adjacent to Stamford Bridge.

Buying the 1.9-acre site, which includes a charity’s housing and community facilities for vulnerable veterans who have left the armed forces, will provide the club more options over decisions around potential redevelopment of the stadium.

BlueCo, which is Chelsea’s parent company, have worked with the Stoll charity and in close consultation with Hammersmith & Fulham Council over the deal which follows Stoll’s agreement to acquire 128 affordable housing properties in a major new housing development within Fulham.

Every resident from the Sir Oswald Stoll Mansions will be rehomed at the new Fulham site or, if preferred, in an existing Stoll site, with the charity set to retain one block at Stamford Bridge.

Chelsea’s chief operating officer Jason Gannon said: “We are delighted to increase our footprint at Stamford Bridge and take a significant step towards ensuring the long-term financial sustainability of the club.

“We appreciate the opportunity to work with Stoll throughout a competitive tender process and we are pleased to help ensure those veterans that wish to remain inside the Borough of Hammersmith & Fulham will be able to do so.”