Roman Abramovich left a colossal debt

It’s time to pay. Chelsea are set to receive a ‘huge’ unpaid tax bill left by previous owner Roman Abramovich. Pushed to sell the London club, under the background of the Russian-Ukrainian conflict and after 20 years at its head, the former governor of the autonomous district of Chukotka sold the Blues to a consortium led by the American businessman Todd Boehly, for an estimated sum of £4.25 billion last May.

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But here it is The Telegraph reports that Roman Abramovich left a big slate when he left the club which plays at Stamford Bridge. It was revealed that the Russian leader was funding the club through parent companies, whose tax obligations had become increasingly difficult to track. A tax exile revealed during the sale. Significant unforeseen liabilities, with an initial value of around £2.5bn. Since then, Her Majesty’s Revenue and Customs (HMRC), the department responsible for collecting UK taxes, has been in regular contact with the club and is set to issue a final invoice to resolve the issue.

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