Chelsea will allow Andriy Shevchenko to return to AC Milan.

The Daily Mail says with the Blues on the verge of landing Real Madrid ace Robinho, Sheva has been told by Chelsea that he can return to AC Milan on a one-year loan after a disastrous spell in the Barclays Premier League.

Chelsea are prepared to take a massive financial hit on the deal, by paying Milan to take back the Ukraine striker.

Shevchenko, 31, is expected to return to the San Siro in the next 48 hours, two years after he joined Chelsea for £30m. The 2004 European Footballer of the Year will have part of his £5m-a-year contract covered by Chelsea.