Chelsea could go burst in a matter of 81 days if they can’t find a buyer for the club before the end of May, according to The Sun.
Abramovich will have to allow the UK Government to sell the club and walk away without getting a penny, as per a ‘licence’ issued by the government.
However, the said ‘licence’ has an expiry date of May 31, which means Chelsea will fold-up if they can’t find a buyer before then.
Chelsea’s humungous £333m-per-year wage bill cannot be paid unless they find a new owner quickly, as the club’s income sources have been blocked off by the government.
Recently, shirt sponsor Three cancelled their £40m contract with Chelsea, with Nike also close to pulling out.
NB: This is the worst case scenario, and we really hope things never get this bad for Chelsea!
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