The Modern Day Chelsea Blogsite

Sunday 13 November 2011

Say Yes CPO

The Chelsea Pitch Owners have long been a battle with the Chelsea board over the freehold of the Stamford Bridge, and as you may well know, the club lost their battle to win the shares as only 61.4% voted in favour of selling their sells back to the club (75% was needed).

The 'Say No CPO' campaign is very admirable, they don't wish to see the club return to the way it was in the 80's when the club was on the brink of collapse. However, we are a different club now, we are in the strongest financial position ever and have a owner that is striving to make the club self sufficient and run on a good economic model.

We are also in a position were we will get left behind by other clubs, the emergence of Tottenham should not be laughed at, when they move into a new 50 or 60 thousand seater stadium they will be bringing in money that will seriously allow them to compete at the top of the Premier League, if we stay in a 42,000 seater stadium we will become the smallest big club, despite the money behind us.

A move is what's best for the club in the future, it's a perfect opportunity to start a new chapter in our history, like Arsenal's but with trophies. Stamford Bridge will always be a part of our club but a new stadium is needed for the future, otherwise we will become Liverpool, and nobody wants that.

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