Chelsea FC outbid for Battersea Power Station by Malaysian developers

[Duppy Conqueror 1,557]

didn't realise it was that many after it. (i don't read newspapers atall anymore)

yeah sealed bid seems how it was then with that many involved. cheers mate.

[Tricky 301]

does anyone know if it was a sealed bid or a bidding war that Roman thought got out of hand ,so pulled out?

for me i think that is something that would be interesting to know.

*for anyone who doesnt understand what a "sealed bid" is ,it`s when the selling party tell potential bidding parties to come in with their best bid with just one bid allowed,the amount is kept private away from the opposition and whoever bids highest with their single bid wins.

if it was a sealed bid i think i understand how Roman managed to get outbid,rather than him pulling out of a bidding war.

My point was a reduced capacity would impact revenues, thus effecting us in terms of FFP.

I just don't see developing the Bridge as a viable option. Unless the council help with some enforced purchasing of land (very unlikely). We need a 60k plus stadium, 50 just isn't big enough IMO.

Oh and for the record it was a sealed bid.

I'm not ruling out the Malaysians failing to find the funding (long shot). Was talk of the development costing £5 billion, besides does south west London really need another mega mall following westfields in the Bush?