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Written question asked by Sam Rushworth (Labour) on Monday, 17 November 2025, in the House of Commons. It was due for an answer on Wednesday, 19 November 2025. It was answered by Lucy Rigby (Labour) on Monday, 24 November 2025 on behalf of the Treasury.


Chelsea Football Club: Sales

Question

To ask the Chancellor of the Exchequer, whether the interest accruing on the frozen £2.5 billion proceeds from the sale of Chelsea Football Club is subject to UK taxation.

Answer

HM Treasury and His Majesty’s Revenue and Customs (HMRC) are unable to comment on the tax affairs of specific taxpayers. UK source interest is chargeable to UK tax. The quantum and timing of that charge are dependent on the status of the recipient and the precise nature of the arrangements that lead to that interest.


Secondary information

Type
Written question
Reference
91688
Session
2024-26
Transferred
Yes
Subjects
Sales Taxation Chelsea Football Club Freezing of assets
Link
View this Written question on www.parliament.uk