The former boss who took the Blues to the FA Cup Final in 1994 said: "I think they're bound to win the title this season. You can't see them losing three games and throwing it away. I'm a big admirer of the way they play.
"They've got some wonderful players like Arjen Robben and Damien Duff, but you still have to mould them and get them to play. Throwing money at it is not enough in itself. You still have to make it work.
"Chelsea are a very different club today (from when I was there). They can buy who they like. They don't have to sell anyone, they don't have to get players off the wage bill. If Roman Abramovich stays they could be at the top for the next 20 years.