sport news Chelsea complete £80m purchase of homes of 100 military veterans next to ... trends now

sport news Chelsea complete £80m purchase of homes of 100 military veterans next to ... trends now
sport news Chelsea complete £80m purchase of homes of 100 military veterans next to ... trends now

sport news Chelsea complete £80m purchase of homes of 100 military veterans next to ... trends now

The sale of 100 military veterans' homes next to Stamford Bridge to Chelsea owner's BlueCo has been completed.

The Premier League club cut an £80m deal to buy the Sir Oswald Stoll Mansions last October, and it has now been confirmed that the move has gone through, in a boost to Chelsea's plans to spend £2bn on redeveloping their stadium.

Negotiations have been ongoing over the past year, with angry veterans claiming they are being forced out of their homes, while also voicing concerns that they will be 'binned in an old people's home and left to rot'.

But Chelsea and Stoll charity trustees, who run the block of flats, have both moved to allay these fears after releasing statements on Wednesday. 

Chelsea CCO 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.

Chelsea are set to complete an £80m deal to buy the Sir Oswald Stoll Mansions (circled) next to Stamford Bridge this week

Chelsea are set to complete an £80m deal to buy the Sir Oswald Stoll Mansions (circled) next to Stamford Bridge this week

The flats currently house military veterans, but they will now have to move out

The flats currently house military veterans, but they will now have to move out

Only 20 of the flats will be retained by Stoll charity trustees, with Chelsea looking to spend £2bn on redeveloping their stadium

Only 20 of the flats will be retained by Stoll charity trustees, with Chelsea looking to spend £2bn on redeveloping their stadium

'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.'

Stoll chief executive, Will Campbell-Wroe, added: 'The completion of the sale marks a transformational moment for Stoll, and forms a central part of our long standing mission to house and support many more veterans to lead fulfilling, independent lives both now and in the future.

'We understand that any transition to a new home will be challenging for many of our residents, and we are committed to providing every resident with an enhanced programme of financial, wellbeing and rehousing support – as we have been

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