The late 1970s and the 1980s were a turbulent period for Chelsea. An ambitious redevelopment of Stamford Bridge threatened the financial stability of the club,[8] star players were sold and the team were relegated. Further problems were caused by a notorious hooligan element among the support, which was to plague the club throughout the decade.[9] Chelsea were, at the nadir of their fortunes, acquired by Ken Bates for the nominal sum of £1, although by now the Stamford Bridge freehold had...
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