20 February 2020 - Video
Mountstar had appealed to the High Court over the Commission’s decision to open a statutory inquiry into the Cup Trust and to appoint an interim manger of the charity but the tribunal ruled that there was an overwhelming public interest in the Commission’s inquiry.
The Tribunal was also critical of Mountstar’s provision of misleading information to the Commission.
The Cup Trust raised £176.5million in donations but only paid out £55,000 to charitable causes over two years.
In addition to its ruling on the Cup Trust itself, the tribunal also said that the Commission made an error of judgment in 2010 when it examined the tax affairs of the Cup Trust and decided that they were a matter for HMRC.
The Charity Commission Inquiry into the Cup Trust is continuing.