Parachute payments question.

Discussion in 'Bulletin Board ARCHIVE' started by *Windy, Oct 9, 2007.

  1. *Windy

    *Windy Banned Idiot

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    </p>

    Is there something in place to ensure the cash is spent on the club or can the owners have it away?</p>

    I'm just wondering if it's possible McCabecould be looking to fund some of his other ventureswith Sheff Utd's. That would be unfortunate wouldn't it?</p>
     
  2. Gue

    Guest Guest

    If you as an individual own the club, then I'd imagine you can do whatever you like with it, in the same way that if you own the stadium you can build houses on it or whatever else.

    Put simply: if I give you six million pounds, it's not my decision how you spend it.
     

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