The Stamford Bridge freehold, the pitch, the turnstiles and Chelsea's naming rights are now owned by Chelsea Pitch Owners, a non-profit organisation in which fans are the shareholders.
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The current club ownership have stated that a larger stadium is necessary in order for Chelsea to stay competitive with rival clubs who have significantly larger stadia, such as Arsenal and Manchester United.[49] Owing to its location next to a main road and two railway lines, fans can only enter the ground via the Fulham Road exits, which places constraints on expansion due to health and safety regulations.[50] The club have consistently affirmed their desire to keep Chelsea at their current home,[51][52][53] but Chelsea have nonetheless been linked with a move to various nearby sites, including the Earls Court Exhibition Centre, Battersea Power Station and the Chelsea Barracks.[54] On 3 October 2011, Chelsea made a proposal to CPO shareholders to buy back the freehold to the land on which Stamford Bridge sits, stating that "buying back the freehold removes a potential hurdle should a suitable site become available in the future".[55] The proposal was voted down by CPO shareholders.[56] In May 2012, the club made a formal bid to purchase Battersea Power Station, with a view to developing the site into a 60,000 seater stadium,[57] but lost out to a Malaysian consortium.[58]