Roman Abramovich remains fully committed to Chelsea despite stadium plans stalling

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Premier League giants Chelsea on Thursday announced they had shelved plans for a new 60,000-seater stadium in London due to an "unfavourable investment climate".

Russian oligarch Roman Abramovich has reportedly withdrawn his British visa application after facing delays with its renewal and reports of acquiring Israeli citizenship.

Suggestions are that the real reason may be related to owner Roman Abramovich having trouble with his United Kingdom visa.

Chelsea Football Club announces today that it has put its new stadium project on hold.

However, no decision is expected to be made over the new arrival until director Marina Granovskaia returns from a holiday next week.

The Times reports that Chelsea insist Abramovich "remained committed to the club" despite axing the plans for the redevelopment of Stamford Bridge.

As for Abramovich, the Russian billionaire is now attempting to resolve VISA problems which saw him miss the club's FA Cup final win over Manchester United.

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If Abramovich is not granted a new visa then it will be a worrying time for Chelsea fans, are the days of a ridiculously rich owner over with?

The leading architect firm Herzog and de Meuron had produced a Gothic design for Abramovich's personal project, which would have seen Stamford Bridge match Arsenal, Tottenham and West Ham for their stadium size.

"Maybe he will support Israeli football because in fact it's in a pitiful state", Koren said, citing Chelsea's success and adding wistfully: "If only we had a football team at such a level".

It is known that the Chelsea owner has already chose to freeze the reconstruction of home stadium Stamford Bridge.

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