You may well be correct, but it appears to me, from all that we have read, that Hoggy sweat blood for Sheffield throughout the close season to make sure somebody bought the club. So did they buy or were they sold on it? I'm with Arthur Cross on this; at minimum it is a very unsatisfactory way to deal with the departure of someone who has put many years in to Sheffield both as a sponsor and promoter. It just smells rather funny to me!
The past few years have not been good under Machin and the others; you seem to have forgotten who owned the business and by default dictated the policies and budgets.