Chelsea FC are thinking of making another proposal to purchase the freehold of Stamford Bridge at the annual meeting of Chelsea Pitch Owners (CPO) in December. Apparently under the CPO constitution the club would only have to obtain more than 50 per cent of the vote to pass the motion, as opposed to the 75 per cent needed at extraordinary general meetng as was held earlier this week.
Chelsea FC are thinking of making another proposal to purchase the freehold of Stamford Bridge at the annual meeting of Chelsea Pitch Owners (CPO) in December. Apparently under the CPO constitution the club would only have to obtain more than 50 per cent of the vote to pass the motion, as opposed to the 75 per cent needed at extraordinary general meetng as was held earlier this week.
The Say No CPO campaign is not opposed to a move outright, but would like more dialogue with the club and would like it to be demonstrated that the expansion of Stamford Bridge is an impossibility. They would like to see the election of two additional directors to the CPO board to make it more representative of the Chelsea fanbase.
Yesterday Richard King resigned as chairman of CPO. He had been criticised for his close links with the club and failing to disclose that he was first approached about the freehold purchase in March but did not pass on the information to shareholders before Chelsea declared their intentions at the beginning of October.