Chelsea will aim to start their plan to redevelop Stamford Bridge 'within the next year', according to co-owner Jonathan Goldstein.
The entrepreneur is one of several investors part of the consortium, led by US tycoon Todd Boehly, which took over from previous owner Roman Abramovich after the Russian was sanctioned following his country's invasion of neighbouring Ukraine.
And Goldstein has admitted the Premier League side are looking to obtain planning permission for the revamp of their stadium in the next 12 months - despite calling the UK 'uninvestable' under the leadership of Conservative Prime Minister Liz Truss.