MarkG
Well-known member
- Joined
- 11 Dec 2017
- Messages
- 4,543
Not necessarily, the new owners at Sunderland were able to go back to Ellis Short for more cash when I think some unexpected transfer fees or similar became payable after the takeover.I don't think so...unless there was some specific agreement. Buy a business and you get all the assets, liabilities and skeletons in the closet with it.
Here though, if this is indeed in relation to the service charge, and Tiger has had to find the cash, then it would appear there wasn't such an arrangement (or if there was the cashflow timing didn't work).