Chelsea Football Club has made a formal offer to buy the site of Battersea power station and develop it into a $1.6bn 60,000-seater stadium in south London.
The bid was made with Almacantar – Chelsea FC’s property development partner – and if accepted, the club could leave Stamford Bridge – its home of 107 years.
Chelsea FC’s plans for the power station retain the landmark four chimneys and wash towers along with the Grade Grade II* listed west turbine hall.
The club stated that expanding Stamford Bridge made no economic sense, but stressed that the acquisition of the power station is not certain.
A club statement read: “There is no certainty we will be successful. We must also stress that making an offer for the Battersea Power Station site does not mean the club has made a definitive decision to leave Stamford Bridge.”
Built in 1930s, Battersea Power Station is one of London’s most recognised landmarks. Since the station’s closure in 1983, the site has remained largely unused, with several failed redevelopment plans from various site owners.