The Blues are preparing to welcome the Foxes to west London as they search for their first competitive win under new boss Frank Lampard.
Chelsea FC suffered a disappointing defeat on penalties by Liverpool FC in the Uefa Super Cup on Wednesday night to follow up their 4-0 thrashing at the hands of Manchester United last weekend.
The west London side do not have long to dust themselves down as they prepare for their home clash against Brendan Rodgers’ men on Sunday afternoon.
And former Arsenal star Nicholas has admitted that he is worried for the Blues under Lampard, and is tipping the visitors to claim all three points with a surprise 2-1 win.
Speaking to Sky Sports, Nicholas said: “I see pain and suffering for Chelsea.
“Frank Lampard is playing youth team players at Old Trafford because he is left with no other scenario, but his anger at not being able to drag people off the treatment room is a reflection of where Chelsea are but also where Leicester are.
“Brendan Rodgers will play pass and move, pass and move, but this is different, this is Leicester. He has lost Harry Maguire, which was a great deal for Leicester. Is he going to change from what we saw at the latter end of last season? Yes he will, but it will take time.
“Ross Barkley will struggle here, because Leicester keep the ball well and move it, so he will see less of the ball to make things happen. It has been a change of circumstances at Leicester and massively so at Chelsea.
“This weekend is about Lampard getting his team over the line. It is going to be a rollercoaster ride of a season and they will not make the top four.
“I am going to go for a surprise score in this one. This is not a negative throw towards Lampard, I wish him well.
“This team will just take time to truly understand what they are, and they will be more exposed at home than away from home in my opinion.”
Chelsea FC are looking to try and maintain their place in the top four this season after they finished third and won the Europa League trophy last term.
Lampard was brought in to replace Maurizio Sarri back in July after the Italian opted to leave and take over at Juventus.
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news