James Smith
Well-Known Member
Sorry? Why would buying a half share of one company have ever provided revenues to a separate company?
I'm going on what Joy said in the interview with Les R, where she said something along the lines of* the club didn't know that it was signing over the Pie Money when they sold the share to the Higgs. To me that implies that the Pie Money rights went hand in hand with the club share that we sold to the Higgs. I may have interpreted that wrong but that's what I read into it.
Also I don't think IEC is that old is it and prior to the formation of this ACL had 100% of what revenues are now part of the IEC ones. So if the Pie Money rights were part of the Higgs share then they could have been sold back along with or as part of the share couldn't they?
*the browser on my phone isn't working properly so I can't check the exact quote.