Chelsea To Lose Potential Revenue Because Of New Stadium Name Choice?
Jul 26, 2017, by Chris
Chelsea want to borrow £500 million to build their new stadium rather than rely on Roman Abramovich to pay for it. The reigning Premier League champions received planning permission for the ambitious 60,000-seat redevelopment of Stamford Bridge by the Mayor of London in March, but have yet to confirm how they intend to fund one of the most ambitious stadium redesigns attempted in the UK.
Chelsea in Negotiations With 'A Number Of Companies' Over Naming-Right Deal
The Times reports that Chelsea have held talks with banks in the past few months about obtaining loans totaling £500 million, which is £100 million more than Tottenham Hotspur are borrowing from three banks to fund their new stadium.
The Times also says that Chelsea is in negotiations with a number of companies over a naming-rights deal in order to provide the rest of the funding. Unlike Tottenham, Chelsea are committed to keeping the name of their ground in the full title, with The X Stadium at Stamford Bridge as preferred formulation. This could reduce the value of the deal.
The initial estimates of £500 million appear conservative, particularly compared to the price of Spurs' new stadium that has risen to £800 million one year before expected to be completed.
Chelsea will likely start to rebuild their stadium in 2020. During the building of the stadium, the club will have to leave Stamford Bridge and probably play their homes games at Wembley for several seasons.
Do you think that keeping the Stamford Bridge in the name will reduce potential revenue from a naming-rights deal? Let us know in the comments below.
FC Barcelona 27-28 Home Kit Leaked - 2 Real Images
Footy Headlines can leak two real images of the new Barcelona 27-28 home kit. However, these still appear to be products created based on a previous concept. They have an accuracy of about 80% and will differ slightly from the final version.
Deportivo Cali 1965 First Title Commemorative Kits Released
Colombian club Deportivo Cali and their technical sponsor Hillside have launched a special-edition capsule celebrating the club's historic first league championship won in 1965. The release consists of two retro-inspired jerseys — one in green and another in white — that pay tribute to the monumental title won over six decades ago.
Both shirts embrace a classic mid-60s aesthetic, anchored by an open polo-style collar. The green shirt features a contrasting white collar and cuffs, complemented by a tonal sublimated pattern of stripes, pennants, and historic club insignia across the fabric. In turn, the white version offers a clean, elegant look highlighted by rich emerald green trim. On the collar ribbing, knit detailing spells out "19 CAMPEÓN 65" in tribute to the landmark campaign.
Each jersey is adorned with a vintage Deportivo Cali crest topped by a single embroidered golden star representing that maiden triumph. Additional commemorative touches include a retro script Hillside graphic at the lower back and a stitched authentic crest patch near the hem displaying "Cali - Un Amor para toda la Vida 1912". The limited-edition pieces are delivered in custom collector's packaging alongside a certificate of authenticity.