WANdisco’s board was “not told” that the data software business had paid hundreds of thousands of dollars so that a company co-owned by its founder and then chief executive could sponsor his favourite football team. The company, whose value collapsed upon its readmission to trading yesterday, claimed that it had been in the dark about several related-party transactions, including a $362,691 payment to Sheffield Wednesday. The payment in 2022 was “on behalf” of EyUp Skills, a tiny company owned by David Richards, who was then chief executive of WANdisco, and his wife, Jane, whose logo appears on the front of the football club’s new home and away kits as its principal sponsor. Richards, a supporter of Sheffield Wednesday, resigned from WANdisco in April while the company was in the midst of an unrelated fraud scandal. https://www.thetimes.co.uk/article/...0?shareToken=43b36ac136d791e43cbc5ddfa1c374f2
Somewhat amusing that while we're supposedly the Dingles they've got a picture of a flat cap and "eyup" on their shirts.
