Chelsea Football Club: Sales

Summary

To ask the Chancellor of the Exchequer, what progress the Financial Sanctions Implementation Office has made on establishing the foundation to manage and distribute monies from the proceeds of the sale of Chelsea FC.

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Timeline

1. 13 March 2024

   Written question

   To ask the Chancellor of the Exchequer, what progress the Financial Sanctions Implementation Office has made on establishing the foundation to manage and distribute monies from the proceeds of the sale of Chelsea FC.

   Source: Commons

2. 18 March 2024

   Answer

   The proceeds from the sale of Chelsea FC are currently frozen in a UK bank account while independent experts establish a foundation to manage and distribute the money. A licence from the Office of Financial Sanctions Implementation will then be needed to ...

   Source: Written answer

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• · Treasury · Answering body

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