![]() “Upon information and belief, none of the Penny Tax Funds went to its intended purpose,” the suit said. The lawsuit refers to the failed facility as a “vanity project.” It alleged that Tepper’s companies misappropriated the $21 million from Penny Tax revenue for the expansion of Mount Gallant road between Dave Lyle Boulevard and Anderson Road. The project initially was paused on March 7 after Tepper’s companies alleged Rock Hill had not come up with the promised $225 million in bonds for infrastructure. Tepper, the NFL’s richest owner, with a net worth of $16.7 billion, according to Forbes magazine, already had spent more than $175 million on the project on 240 acres in Rock Hill that was announced in 2019. Where things stand with Seahawks, Metcalf.Broncos like Baron Browning as pass-rusher.Deebo Samuel among 49ers' looming issues.Wentz's spring has Commanders optimistic.Bears impressed with Justin Fields' growth.The suit, filed late Thursday, comes less than a month after the project was canceled and Tepper’s real estate company, GT Real Estate Holdings, filed Chapter 11 bankruptcy on the project, estimated to cost $800 million. ![]() The city of Rock Hill, where the facility was being built, also was included in the suit along with Tepper’s Appaloosa Management LP, DT Sports Holding LLC and Tepper Sports Inc. – Companies linked to Carolina Panthers owner David Tepper are being sued for more than $21 million by York County over “improperly utilized” funds the South Carolina county spent toward building infrastructure around the site of what was supposed to be the team’s new headquarters - a project that recently was terminated.
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