To be fair, we shouldn't expect to hear too much. What we understand is that some allegations were made, Peter B was suspended and investigated. The club has a legal duty of care to all employees, both Peter B and the complainant/s. There is the burden of truth against the balance of probabilities.
An underlying principle of British law is the right to work.
It is conceivable that merely the existence of complaints might act as a deterrent to recruitment. Therefore, with no public acceptance of liability on any party for wrongdoing, false allegations or misunderstandings, an expedient approach may be to come to an alternative settlement.
We might draw our own conclusions from what had been said, or even what has not been said. At the end of the day, our opinions are not fact.