(c) Explain what ‘fiduciary responsibility’ means and construct the case for broadening th

(c) Explain what ‘fiduciary responsibility’ means and construct the case for broadening the football club board’s

fiduciary responsibility in this case. (7 marks)

(c) Fiduciary responsibilityDefinition of ‘fiduciary responsibility’A fiduciary responsibility is a duty of trust and care towards one or more constituencies. It describes direction of accountabilityin that one party has a fiduciary duty to another. In te