Audio By Carbonatix
Chelsea's Russian billionaire owner Roman Abramovich has put the club's stadium plans on hold after delays to the renewal of his UK visa.
The estimated cost for a new 60,000 seat Stamford Bridge has increased to £1bn after delays, which included a dispute with a local family.
Abramovich is unwilling to invest in a major project in a country where he is not allowed work.
The 51-year-old's UK investor visa expired some weeks ago.
But it is understood that Abramovich's decision will have no impact on the running of the football team.
The delay in issuing him a new visa comes amid increased diplomatic tensions between London and Moscow after the poisoning of former Russian spy Sergei Skripal in Salisbury.
The UK government has refused to comment on his individual case.
Chelsea issued a statement saying the club had delayed work on Stamford Bridge because of "the current unfavourable investment climate".
It added: "No further pre-construction design and planning work will occur. The club does not have a time frame set for reconsideration of its decision."
Plans were under consideration to move Chelsea matches to Wembley stadium for the four years it would take to redevelop Stamford Bridge.
Although the future of Wembley is in doubt after Fulham owner Shahid Khan offered £600m to buy the stadium from the Football Association, it is not thought to be a factor in Chelsea's decision.
Christian Purslow, who left his role as managing director last year after three seasons at the club, said: ""It's been a very difficult project. Costs have skyrocketed.
"I have thought for some time it's a project that would not get off the ground. It was always an extremely marginal project financially and a very difficult project practically. I think it's a really sensible decision to put this on hold."
Latest Stories
-
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
12 minutes -
Ibrahim Mahama supports disability groups with Christmas donation
31 minutes -
2025/26 GPL: Berekum Chelsea come from behind to beat XI Wonders 3-1
35 minutes -
NACOC dismantles drug dens in Eastern and Greater Accra regions in ‘Operation White Ember’
53 minutes -
GPL 2025/26: Aduana fight from two goals down to draw against Young ApostlesÂ
1 hour -
Emmanuel Dzivenu: The ‘stolen’ birthday
1 hour -
ECG announces technical challenge with MMS-compliant meters; says it’s being fixed
1 hour -
Less than 1% renewables: Dr. Richard Obeng Mensah calls for legal and policy reset
2 hours -
Galamsey operator sentenced for slashing student with bladeÂ
3 hours -
Creative Canvas 2025: Black Sherif — The cultural storyteller
3 hours -
PassionAir female pilot shares inspiring journey into aviation
4 hours -
Only shortlisted teachers with index numbers eligible for GES promotion exams
4 hours -
Sam George warns Ghanaians against assisting illegal acquisition of citizenship
4 hours -
Three injured as firefighters rescue 26 passengers after multi-vehicle crash near Kintampo Waterfalls
4 hours -
Supercar Spectacle co-founder lauds attendance at historic event
5 hours
