Chelsea Football Club has denied latest reports that the Blues are looking to leave their Stamford Bridge home.

There has been growing speculation that Chelsea was considering relocating to a new 60,000-seater stadium at Earls Court. Stamford Bridge has a 42,055 capacity, a relative disadvantage to Premier League rivals Arsenal and Manchester United, who both pull considerable gate receipts at each home fixture.

Chelsea recently posted losses of over £70million but chief executive Ron Gourlay claims that there are no plans to relocate. He told Sky Sports: "We're always looking at our options but I can tell you that there is no move imminent.

"Of course, it would help if we had another 15,000 or 20,000 seats but we don't need to leave Stamford Bridge to break even. We’re in pretty good shape financially even with the January purchases of Torres and Luiz.

"The board remain confident we are heading in the right direction," he added. But with new UEFA financial fair play rules kicking in for the 2012/13 season  Chelsea may have to look to a finding a new home to help balance their books.

Posted on 18/03/2011