Last week’s speculations are now confirmed. It’s Malaysian SP Setia and not Chelsea FC who will take over the Battersea power plant plot – “Guardian” reports. No stadium here then. Where next, Chelsea?
Future of the Battersea power plant, Europe’s largest brick structure, had been unsure for the last three decades. Not any more, it seems, as a deal with Malaysian property giant SP Setia is now officially on the table.
Setia were among some 15 bidders and were reported to have been the best option just last week. Now that the offer of £400m was chosen, Chelsea need to seek for an alternative as the club already did their best to convince their fanbase staying at Stamford Bridge isn’t viable.
Before bidding for Battersea, the London-based club informed of a potential move to Earl’s Court, a location much closer to their current home.