West Ham Owner Cuts Mansion Price Amid Non-Dom Tax Crackdown

David Sullivan reduces his London property's asking price by £10 million, citing government tax changes and a challenging luxury market.

David Sullivan, co-owner of West Ham United, has lowered the price of his Marylebone mansion to £65 million, down from an initial £75 million.
The property, originally bought for £27 million in 2015, underwent a £50 million renovation, making the sale at a loss inevitable.
Sullivan attributes the price cut to the UK government's proposed crackdown on non-dom tax statuses, which he claims is prompting wealthy individuals to leave the country.
The mansion, known for its historical significance and use as a filming location, includes luxury amenities such as a swimming pool, wine cellar, and sky lounge.
The non-dom tax policy changes, set to be implemented by the Labour government, are feared to impact London's super-prime real estate market, with sales of high-value properties already declining.