Originally Posted by
roger_ramjet
A very good question and one to which I dont know the answer. The statement of affairs simply lists the amounts owed....the remainder being due mostly to HMRC. If there was a break clause in the deal, you would expect that liability to only be up to the first opportunity for iPro to bail out. If no break clause then arguably should be full contractual amount: so Im a little puzzled. Most likely scenario is that, faced with little chance of getting this money the club agreed to terminate the arrangement early so probably that £4.6m has been magicked away leaving us free to renegotiate a replacement stadium name. On the basis that the original deal was for 7m, then iPro got 2.4m of publicity across 3 years.