Jack Warner sacks his lawyer.
Just an update on the case today guys, I heard that Warner sacked Kelvin Ramkisson.
Basically, the judge has said they have to pay the interim by May 16th. The accounts are due on 31st May. From this, the judge will calculate how much extra the players will receive and this has to be paid within 7 days!
Unless they can prove otherwise, this should amount to around $40 million less the interim.
Jacks dilemma is that if he shows all of the documents pertaining to the bonuses including what was spent, he may well be showing how he syphoned it off. Effectively, in order to reduce the amount owed to players, he will be implicating himself in fraud.
However, if they keep the accounts as they are, the judge will award 50% of the perceived figure as this has never been challenged by TTFF, and he will probably order an investigation. Being as Jack was in charge of LOC2006 and presented false accounts, again, he is implicated in fraud.
You can imagine Jack doesn't want to open his books as there will be much more than this to explain.
So the players are expecting the TTFF to make an offer. The players will want around $25 million ?. Thats a big hole in Jacks pocket, but what are his options?
The thing is, if a settlement can't be agreed, or Jack is not apologetic, the players can just hold out, knowing that Ollie & Jacks assets can be seized and they will get up to $40 million.