Jack Charlton’s son faces £200,000 inheritance tax on World Cup medal
Jack Charlton’s son says he must pay a £200,000 inheritance tax to retain his father’s 1966 World Cup medal.
Jack Charlton, a member of England’s 1966 World Cup-winning team, bequeathed his winner’s medal to his son. British tax officials have calculated an inheritance tax bill of £200,000 on the item, prompting the son to discuss the matter on talkSPORT. He explained that rather than sell the medal, he has handed it back to his mother to avoid the charge.
He also mentioned that comparable taxes apply to other sports figures, including Olympic gymnasts. The episode occurs amid broader criticism of FIFA’s commercialisation of the recent World Cup held across North America. It underscores how valuable sporting artifacts can become subject to substantial tax liabilities.
Why it matters
It illustrates how inheritance tax can burden families over prized sports memorabilia.
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