With the club virtually bankrupt in the late 70's the then owners made the drastic decision to sell the Stamford Bridge site to property developers to pay off some of the debts. It was a decision that very nearly saw Chelsea lose its ground, be forced to share with Fulham or QPR and the famous stadium converted into houses or a supermarket.

With Chelsea no longer owning their own ground they were unable to do any more rebuilding and lagged behind other clubs in that respect.  A bitter, expensive and close run 10 year fight by chairman Ken Bates to fight the property developers and win back ownership of Stamford Bridge was finally successful in 1992.  With an ironic twist is was the property developers who were forced into bankruptcy and Chelsea Football Club got its ground back.

It was a close shave at times but Stamford Bridge survived its biggest ever challenge and in 1994 the process of the most extensive redevelopment in the country of an existing stadium began. Turning a dilapidated and crumbling ground with views miles from the pitch into one of the most impressive stadiums in the country.