Back to the Chelsea Newsfeed

Chelsea are in danger of Premier League expulsion - and the clock is ticking - as their takeover risks becoming a Putin-Johnson row... Here's why Abramovich's £1.6bn loan has the club on a knife-edge

If Roman Abramovich now wants his £1.6bn loan paid back to agree the sale of the Chelsea, then the club is facing its biggest crisis since the 1987 ‘Save the Bridge’ campaign, when Stamford Bridge was under threat of being turned into luxury flats by property developers Marler Estates.

Abramovich initially claimed he would write off the £1.6bn he had put into the club to ease the sale process. But now it is said he fears that may not be possible because of UK Government sanctions. Which is an interesting take, because the UK Government can amend the terms of the sanctions as and when it chooses, what with them writing the law on this.