Financial Expert Explains Why Chelsea Might Go Into Administration

One expert has suggested that Chelsea could be forced to go into administration following the sanctions replaced on Roman Abramovich on Thursday.

The sanctions, as well as meaning no transfers in or out of Stamford Bridge, will put a temporary halt on the Russian's plans to sell the club.

He had hoped to sell for around £4 billion, which included the £1.5 billion in debt the club owed him and, according to one expert, that owed amount could end in administration.

"The Chelsea FC Holding Co owes Abramovich c£1.5bn. That's now frozen and I don't believe he can't write it off at this time even if he wants to," Financial Fair Play and football finance expert Ed Thompson wrote on Twitter.

"So no-one will buy the club with that hanging over it. Club loss-mqking, so for what it's worth I expect club to go into Administration."

Many clubs in the Football League have also been deducted points over the years for going into administration but it's not expected from the top tier sides.

Of course, Thompson's prediction is far from guaranteed, and Abramovich did say that he was going to write off the debt owed to him.

Since buying the club in 2003, the 55-year-old has overseen five Premier League titles for his team, as well as two Champions League wins.