A former football club chairman is suing his divorce lawyers claiming they failed to warn him that promotion to the Premier League would result in an extra £2.25 million pay off to his ex-wife.
Huw Jenkins OBE, 56, the former Swansea City boss, claims he was told by solicitors that his finances were “not stable enough” to reach a financial settlement with his wife Sian, 50, while the club was in the lower league.
However just three months later Swansea City won promotion from the Championship in 2011 to play the likes of Manchester United, Liverpool and Arsenal.
This resulted in his personal wealth massively increasing and when the divorce was finally settled in 2017, Mr Jenkins was ordered to pay his ex-wife a £2.25 million lump sum.
Divorce involves the settlement of the marital finances. If there’s more of them then there’ll be a bigger amount paid over. And, even if we take the more restrictive view of only those assets created or accumulated during the marriage itself this is still going to apply here, isn’t it?
Thus, how could the outcome be otherwise?
Whether his lawyers should have told him is another thing. But that he didn’t instinctively grasp this is showing a certain lack of nous, eh? Or, possibly, a certain amount of trying it on. As anyone who makes enough to then be able to buy into a football club has a certain amount of financial nouse, nu?