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Football London
Football London
Sport
Scott Trotter

What the threat to Roman Abramovich's Fordstam Limited means for Chelsea as timeline begins

Former Chelsea owner Roman Abramovich has seen his company Fordstam Limited presented with notice of being struck off. The business was formerly the parent company of Chelsea FC and was formerly known as Chelsea Limited between July 2003 and August 2009.

The First Gazette Notice published on Tuesday said: "The Registrar of Companies gives notice that unless cause is shown to the contrary, the Company will be struck off the register and dissolve not less than 2 months from the date shown above. Upon the Company's dissolution, all property and rights vested in, or held in trust for, the Company are deemed to be bona vacantia, and will belong to the Crown."

Little can be gleaned from the notice other than it is a first notice related to the fact that the company have not filed accounts or a confirmation statement as required. The notice is a function of the system.

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