Quote Originally Posted by sweeper5 View Post
Oh dear. Why do you think it necessary to raise a topic that is over a year old. May I suggest that you track back to that time and note that others agreed with me. In reply to your questions, which appears to be beyond you to answer mine, you would be very surprised to know my family history of support for Albion, much longer than yours, no doubt about it.
Those accounts don't speak for themselves, that is why I asked you to explain certain points unfamiliar to me; you made out that accounts were right up your street! Your failure to do this indicates to me that you do not have that knowledge. Prove me wrong!
The claim that a dividend of £27 million went to Jeremy Peace is of great concern to me, because it is not right for that to have happened. As you will not answer my questions, perhaps a letter to Mark Jenkins would be appropriate.
Finally why be so abusive in your reply, you are aware that it is against the rules of posting. Hmm, probably not!

" family history of support to West Brom" What does this have to do with the price of potatoes? My great grandfather supported Accrington Stanley - WTF! Obviously, you don't support West Brom though as you constantly tried to undermine stats over a year ago which were just as dodgy as Mr Peace.

In 2015-16, dividends of £27 million were paid to an “intermediate parent” company called West Bromwich Albion Group Limited. Jeremy Peace controlled all the finances whilst in situ at the club as we was the major shareholder so he pretty much owned everything including the newly built fanzone area where you can get a tasty pie if you care to go to a match. Dividends are paid to Directors and an individual is not named, so the fact the Peace may have resigned at one of the linked companies earlier is immaterial. The £27 million paid in dividends was an extremely shrewd and clever way to move money which is legal from A to B. How do you know this £27 million went to Jeremy Peace you say? You 100% can't prove who pockets a dividend but it's clearly obvious as Peace was the major shareholder so he could have total say on who gets what and where it's paid.

Money through the back door my dear chap! Paying £27 million in dividends to a linked company where you had resigned from could be a very clever way to avoid even more personal tax.

Are you suggesting Mark Jenkins pocketed the £27 million dividend as he can't even make a decision on capital expenditure of new lawn mowers without taking a flight over to China