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Chelsea lose stadium vote

:Headline: Chelsea lose stadium vote: ID:6605: from db_amp
Chelsea fail in their bid to buy back the freehold of Stamford Bridge in the Pitch Owner's EGM today.

Chelsea have been dealt a blow in their proposed move to a new stadium after they lost the vote to regain the freehold of Stamford Bridge.

The Blues could only convince 62% of the Chelsea Pitch Owners shareholders to vote for the proposal, while a 75% approval rating was needed in today's meeting.

The decision is likely to be good news for a number of supporters who were opposed to the idea of relocating.

The vote has put a dent in the former Premier League champions' hopes of competing with the likes of Manchester United and Arsenal in terms of stadium revenue.

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last updated article - 2011-10-28 08:21:52:
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