After reading the watched toffee article I thought this was the most interesting allegation
"Another director of the Propco companies, alongside Readman, was accountant Paul Coackley. Another trusted Philip Green lieutenant.
Bizarrely, Paul Coackley was later to supervise a ‘special audit’ at Everton FC. A financial review conducted by Philip Green’s Arcadia Group auditors Price Waterhouse Cooper (PWC). When Everton’s auditors were Deloitte, as they remain to this date.
According to a source inside PWC, Coackley uncovered a £3m shortfall. Mike Cheston, the club’s Head of Finance, an employee for almost fifteen years, was replaced by Martin Evans in December 2006.
Why would Philip Green want his auditors to conduct a special audit on a business he is not listed as having an interest in? And why would the majority shareholders of the club entertain such a request?"
I'd be interested to hear other people's views on this.
"Another director of the Propco companies, alongside Readman, was accountant Paul Coackley. Another trusted Philip Green lieutenant.
Bizarrely, Paul Coackley was later to supervise a ‘special audit’ at Everton FC. A financial review conducted by Philip Green’s Arcadia Group auditors Price Waterhouse Cooper (PWC). When Everton’s auditors were Deloitte, as they remain to this date.
According to a source inside PWC, Coackley uncovered a £3m shortfall. Mike Cheston, the club’s Head of Finance, an employee for almost fifteen years, was replaced by Martin Evans in December 2006.
Why would Philip Green want his auditors to conduct a special audit on a business he is not listed as having an interest in? And why would the majority shareholders of the club entertain such a request?"
I'd be interested to hear other people's views on this.