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Thread: Chelsea for sale

  1. #1
    Join Date
    Jan 2010
    Posts
    11,593

    Chelsea for sale

    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?

  2. #2
    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.

  3. #3
    Join Date
    Jul 2004
    Posts
    8,861
    Quote Originally Posted by The Bedlington Terrier View Post
    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.

    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.

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