A court has heard how three men used a loan to buy Derby County Football Club then defrauded the club by paying themselves a "secret commission".
Ex-chief executive Jeremy Keith, 41, of Oxfordshire, ex-director Murdo Mackay, 53, of Fife and former finance director Andrew Mackenzie, 55, deny the charges.
All are charged with conspiracy to defraud and conceal criminal property.
The case, at Northampton Crown Court, relates to alleged financial irregularities during a 2003 takeover.
Mark Waters, 48, a businessman from Kent who worked for the board as an accountant in 2003, is also charged with false accounting and conspiracy to conceal criminal property.
A fifth man, David Lowe, 58, of Boulevard des Moulins, Monaco, who worked as a legal advisor during the takeover, is charged with helping to acquire or conceal funds. |
