Former Chelsea captain Dennis Wise has resigned from his role as director of Chelsea Pitch Owners after eight months in the job, as reported by the Independent.
The ex-Chelsea star said: “I’ve thought this through long and hard, and I’m sad to inform you I have decised to resign as a director of Chelsea Pitch Owners. I came in to help out the company in what was obviously a difficult time.”
“However it’s become clear to me that the role of CPO director has changed a lot since the early days, and perhaps different skills-sets to mine are required. I genuinely wish you all the best going forward.”
CPO was set up in 1993 in an effort to stop property developers taking the land on which Stamford Bridge sits in an expensive part of West London. The group is a fan run company, which allows Chelsea fans to buy shares at £100, with the club holding a 199-year lease to use the ground. CPO also have naming rights to Chelsea Football Club, which is part of the disagreement with the club looking to move to a bigger site for a larger capacity stadium.