Quote the artist="the artist"given that hull fc pay a rent to the stadium company - and some of this money here will come from us fans - then if any dodgy transfers are taking place between the smc and hull city then is our money indirectly involved?'"
I guess it depends how tenuous you want the word "indirectly" to be taken.
Yes, monies are paid to the SMC for rent of the facility, but that rent covers ground maintenance etc. and also forms the basis of the minimum amount the Council recieve.
IF, and it is a massive IF, there have been any irregularities it is more likely to be the loan taken out in advance of the TV monies has been diverted to prop up other associated businesses owned by Burnett, which would be very difficult unless you had some of the most "creative" accountants going.
Corporate Finance is notoriously complex, even more so given the requirements of the audit of Premiership Club accounts, the whole story has very little to do with FC, other than the fact that the SMC is our landlord, but ultimately they are only there because of the Counci.
