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Roman Abramovich has hired New York bank Raine Group in preparation for selling Chelsea. He paid £140m for it in 2003.
The bank is said to have valued the club at £2billion and Chelsea have engaged their advisors after they helped Manchester City sell a 13 per cent stake in the club to China Media Capital for £265m in 2015.
Wonder how much Capital Gains Tax he has to pay?
None. Our government tax me to the hilt but Abramovich will shuffle a few bob into the Tory coffers, the rest will go to the Caymans.
Quote:
Originally Posted by The Bedlington Terrier
I hope he can get away with paying absolutely nothing. He paid for the club with his own money, he took the risk, if it had all gone pear-shaped the government wouldn't have bailed him out, now they want to use him as a political football and skim off the profits. Take the money and run Roman, feck 'em.