Chelsea has put its estimated £1bn WSP-engineered stadium plans on ice due to an “unfavourable investment climate”.
The club’s proposed 60,000 seater stadium would have increased capacity by a third, and would have opened in 2021/22.
A spokesperson for Chelsea Football Club said: “Chelsea Football Club announces today that it has put its new stadium project on hold. No further pre-construction design and planning work will occur.
“The club does not have a time frame set for reconsideration of its decision. The decision was made due to the current unfavourable investment climate.”
WSP has been contacted for comment.
More to follow.