The authority sought legal advice before David Boswell signed paperwork to become a councillor.
The financial advisor says he was told to "enjoy" the money given by his mother.
The piece of artwork has appeared on the side of a garage in the steelworks town.
Ex-Wales internationals Stephen Jones and Jonathan Humphreys are appointed assistant coaches as part of incoming head coach Wayne Pivac's team.
Manchester United name former player Ole Gunnar Solskjaer as caretaker manager, following the sacking of Jose Mourinho.
South Wales Guardian
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