Chelsea Football Club: Sales

Summary

To ask the Minister of State, Foreign, Commonwealth and Development Office, what recent progress the Financial Sanctions Implementation Office has made on the dispersal of the proceeds from the sale of Chelsea FC.

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Timeline

1. 15 December 2023

   Written question

   To ask the Minister of State, Foreign, Commonwealth and Development Office, what recent progress the Financial Sanctions Implementation Office has made on the dispersal of the proceeds from the sale of Chelsea FC.

   Source: Commons

2. 8 January 2024

   Answer

   The proceeds from the sale of Chelsea FC are frozen in a UK bank account while independent experts establish a foundation to manage and distribute the money. They cannot be moved or used without a licence from the Office of Financial Sanctions Implementat...

   Source: Written answer

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• · Foreign, Commonwealth and Development Office · Answering body

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