Chelsea are reportedly set to face a US tax bill of approximately £10million following their Club World Cup victory.
The Blues’ impressive 3-0 triumph over Paris Saint-Germain in New York last weekend means Chelsea will receive £85m in prize money from competition organiser FIFA. Of this, £39.7m is due to be paid immediately and £45.3m at the conclusion of next season, but the US authorities will classify it as taxable income, reports CityAM.
Despite FIFA securing exemptions from US taxes for the 2026 World Cup, they were unable to do the same for the Club World Cup a year earlier. Consequently, all participating clubs are required to pay a variety of city, state and ticket-sales taxes, with Chelsea facing the largest bill.
State tax levels vary considerably across the country, but in New Jersey, where Chelsea earned £55m by winning the semi-finals and final at the MetLife Stadium, the rate is among the highest.
The tax on ticket sales also fluctuates between four and seven per cent across the United States.
However, in more positive news for Chelsea, The Telegraph report that their success in America has handed them a significant boost when it comes to securing a potential new shirt sponsor.
It is claimed that there were long-term deals on the table which were worth about £40 million-per-year.
But that figure is said to have risen to £60m-a-year, with the club reportedly in talks with seven-to-ten big global companies over a long-term front-of-shirt sponsorship.
Chelsea will now be eyeing a first Premier League title since 2017 when the new season begins in August. Enzo Maresca’s team will start their season at home to FA Cup winners Crystal Palace on August 17.
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