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Cost of Chelsea's switch to new Stamford Bridge skyrockets to £1bn with redeveloped stadium set to become the most expensive in Europe

Chelsea have doubled the projected cost of their new stadium to £1billion, which will make it the most expensive in Europe.

Roman Abramovich held talks with Chinese businessmen earlier this month about an investment of over £500million in their redevelopment of Stamford Bridge.

But the initial £500m cost, which was earmarked when the club received planning permission back in January, has been significantly hiked.

Chelsea have doubled the projected cost of their new Stamford Bridge stadium to u00a31billion
Chelsea have doubled the projected cost of their new Stamford Bridge stadium to £1billion
The club had initially earmarked a u00a3500,000 investment but that figure is now set to skyrocketu00a0
The club had initially earmarked a £500,000 investment but that figure is now set to skyrocket

The club attribute the skyrocketing cost to the length of time now allocated to the build and its complexity.