I know it hasn't been given which is precisely why the payment has stopped.
""Could" and "might" are not words acceptable in the audited accounts of a company. The company can pay its shareholders - all of them - a dividend. It cannot camouflage a dividend as payment for a non-existent service to one of its shareholders.
That's why its stopped.
Well yes, I suppose he could declare a dividend although I'm not too sure exactly how and who approves the dividend and yes, he would then have to pay all shareholders.
But that wasn't what you suggested he could do. You suggested he could simply take money from the club. And that isn't true.