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Future of British Business

Chelsea FC Owners Find Potential Tax Hitch Over Luxury Car Gifts

Chelsea FC’s new owners are grappling with a potential tax liability over luxury cars the London football team gave its players in recent years, people familiar with the matter said. 

The US consortium behind Chelsea is looking into whether the club made proper tax declarations for automobiles and other high-value gifts to players during the ownership of Russian businessman Roman Abramovich, according to the people.