Ok, here goes again. There may be some manipulation regarding corporation tax. On a personal level when you take the money personally you are liable as per the taxation rules in your country of residence. In fairness to me I am liable for tax on a corporate level and personal level in 2 different countries so on that basis I have a smidgin of knowledge.
This is probably the reason for the shell companies, you are indeed correct if the money was paid to the US there would have been a considerable tax liability.
I personally don’t think anything illegal has taken place, both KT and DB are far too savy and been in business too long to take that risk for what is to DB peanuts.
MC Hammer, who ever you are, you are correct in saying it’s their money, their deal and it’s their right to not divulge the nature of the transactions.
Conversely it’s also everyone else’s right to question this, I suggest everyone thinks about this, do we want a chairman that allegedly retains a large portion of the sale of the CLUB yet still loads the club with over £7m debt and refuses to be transparent?