In May 2012, Chelsea Football Club confirmed that they had lodged a bid to buy the site of Battersea Power Station, with the possibility of the club relocating to a 60,000-seater capacity stadium.
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Chelsea Chairman Bruce Buck, said: "Chelsea should always be grateful to those who invested in CPO. We know only too well how close the club came to losing our home prior to the formation of CPO, but that threat has now gone under Mr Abramovich's ownership and with the CPO structure in place we cannot plan with certainty for the future. I hope all shareholders vote in favour of the proposal."
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