I think your question has been answered in the Press Release of May 24th
http://www.kingslynn-speedway.com/news.php?extend.31349
i.e. “All of the financial and team matters at King’s Lynn are taken on by Alex Brady and Dale Allitt, although obviously I still have responsibility for the stadium."
That clearly indicated where responsibility lies for any agreements re the Team, therefore as the stadium owner he has inherited any issues and problems leaving him to deal with them however he is able to. I note that "financial" matters specifically were not his responsibility. It leaves me thinking he has been left to pick up the financial sh*tty stick after those that have dropped it!