Updated October 27, 2011 eleven twenty-one ET
Chelsea were defeated in their attempt to recover the remnant of Stamford Bridge after a dramatic encounter Extraordinary General Shareholders' Chelsea Pitch Owners.
The Blues failed to convince the owners of 75 percent or more shares of the CPO to support their proposal, which was considered a precursor of a transition to a new 60,000-seat stadium.
In an emotional meeting at the Great Hall of Stamford Bridge, the plan was supported by 61.6 percent of 5796 votes cast in person or by proxy, allowing the club to 13.4 percent below their target .
The loss prevented Chelsea back to the property sold to a group of supporters, led by the CPO in 1990, so the club is now homeless.
As has been remarkable scenes, so today's vote be postponed made at a time when a report of the meeting was proposed by a shareholder fury, how the whole process was handled by administrators CPO and President Richard King.
This movement was widely supported, and seemed sure to succeed, until the king intervened dramatically reveals the opposition will almost certainly make your day.
The King confirmed that the club be successful, requires holders of 1,400 shares of 1,700 attending the meeting to support their proposal, with more than 4000 proxy votes already counted.
This conviction about 700 shareholders present entitled to vote, which was quickly counted the result was first revealed.
Chelsea were defeated in their attempt to recover the remnant of Stamford Bridge after a dramatic encounter Extraordinary General Shareholders' Chelsea Pitch Owners.
The Blues failed to convince the owners of 75 percent or more shares of the CPO to support their proposal, which was considered a precursor of a transition to a new 60,000-seat stadium.
In an emotional meeting at the Great Hall of Stamford Bridge, the plan was supported by 61.6 percent of 5796 votes cast in person or by proxy, allowing the club to 13.4 percent below their target .
The loss prevented Chelsea back to the property sold to a group of supporters, led by the CPO in 1990, so the club is now homeless.
As has been remarkable scenes, so today's vote be postponed made at a time when a report of the meeting was proposed by a shareholder fury, how the whole process was handled by administrators CPO and President Richard King.
This movement was widely supported, and seemed sure to succeed, until the king intervened dramatically reveals the opposition will almost certainly make your day.
The King confirmed that the club be successful, requires holders of 1,400 shares of 1,700 attending the meeting to support their proposal, with more than 4000 proxy votes already counted.
This conviction about 700 shareholders present entitled to vote, which was quickly counted the result was first revealed.
