Chelsea Football Club: Sales

(asked on 26th February 2025) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 28 October 2024 to Question 10916 on Chelsea Football Club: Sales, for what reason the Government is unable to access these funds.


Answered by
Stephen Doughty Portrait
Stephen Doughty
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 10th March 2025

The proceeds from the sale of Chelsea Football Club are currently frozen in a UK bank account. A licence from the Office for Financial Sanctions Implementation (OFSI) is needed to move or use the proceeds, but they are not Government funds.

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