Written Question·Treasury·UIN 91284
Chelsea Football Club: Sales
Tabled: 17 November 2025
Answered: 24 November 2025
Question
Sir Iain Duncan Smith
Conservative — Chingford and Woodford Green
To ask the Chancellor of the Exchequer, whether the interest accruing on the frozen proceeds from the sale of Chelsea Football Club is subject to UK taxation.
Answer
Lucy RigbyHM 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.