The agreement was to pay the council £1.7m in damages for breach of contract and negligence.

The pair paid £5,000 per share, or £174.1m for the total shareholding and £44.8m to cover the club's debts.

The group paid £5.6m in interest on loan notes and a further £400,000 on bank loans, while a refinancing led to £450,000 of costs.

Hemus Air reportedly paid €6.6m and promised to invest a further €86m over the next five years.

The Report noted 79 staff members being paid €6.7m by the Exchequer, an average of nearly €85,000 per person p.a.

The two, who between them own about 10pc of RIM's shares, were paid $5.1m last year, according to the company's annual report.

They have been ordered to pay a fine of €10.35m, although this can still be contested.

In 2009, Shell agreed to pay $15.5m in a legal settlement.

Last month Microsoft offered to pay $7.5m for net addresses from Nortel.

He paid £1.2m for the 10,000sq ft building, which is the home of his training academy.