It is named after former Chelsea director Matthew Harding, whose investment helped transform the club in the early 1990s before his death in a helicopter accident on 22 October 1996. His investment in the club enabled construction of the stand which was completed in time for the 1996–97 season. It has two tiers and accommodates most season-ticket holders, giving it an excellent atmosphere, especially in the lower tier. Any proposal to enlarge the facility would necessitate demolition of the adjacent Chelsea F.C. Museum and Chelsea Health Club and Spa.