Chelsea put stadium plans on hold after Roman Abramovich visa delay

Chelsea new stadium

Plans for the now-postponed redevelopment of Stamford Bridge Credit CHELSEA FC

Former Chelsea midfielder John Obi Mikel is convinced that the club is in "very safe hands" with owner Roman Abramovich, despite the shock news in the last few days of the indefinite delay on Stamford Bridge's redevelopment.

Abramovich received Israeli citizenship this week and is set to move to Tel Aviv.

The Russian billionaire sanctioned the decision to put all further developments of Chelsea's home ground on hold, which was announced on Thursday. Chelsea does not have a time frame for reconsidering its decision, according to a statement on the club's website.

The club released a statement suggesting that plans to increase the capacity of the stadium to 60,000 will be postponed due to the "current unfavourable investment climate". "He has spent many years in the United Kingdom and is a legitimate businessman, nothing has changed", the source said.

It is known that the Chelsea owner has already chose to freeze the reconstruction of home stadium Stamford Bridge.

Abramovich previously attempted to buy Battersea Power Station with a view to redeveloping the site into a new stadium and had looked at Earls Court as a potential place to home Chelsea. Although the club's players lifted the FA Cup this month, they failed to qualify for the Champions League after finishing fifth in the Premier League.

Chelsea have been linked with Maurizio Sarri, Luis Enrique and Carlo Ancelotti in recent weeks.

Abramovich withdrew his United Kingdom visa renewal application after British authorities held it up for several weeks due to tighter vetting of the applicants' sources of wealth, the Financial Times newspaper cited a person close to the oligarch as saying Thursday.

There is uncertainty about who will lead the first team going forward as manager Antonio Conte is set to be sacked later this month.

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