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Guernsey's Treasury Minister, Gavin St Pier, doesn't believe the UK Exchequers' sums add up.
BBC: UK Exchequer Secretary David Gauke
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He added that despite the need for revenue, his firm had removed the charge for walking on the pier because he "didn't think it was right".
BBC: Blackpool North Pier 'must earn' to see 150 more years
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David Cogle, the former director of System 2 Security, said the firm was put into administration because it "wasn't worth the hassle" of fighting the pier's claim.
BBC: Weston-super-Mare Grand Pier fire: Alarm firm negligent
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On Monday, Costa Crociere's chief executive, Pier Luigi Foschi, told reporters the company didn't authorize Mr. Schettino to deviate from the ship's official route.
WSJ: Italy Probes Captain's Phone Call With Boss
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We haven't seen anything positive happen since 1996 when I formed the Friends of the Old Pier Society.
BBC: Birnbeck Pier
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"The pier belongs to the people of Blackpool and to everyone else, so it wasn't right to charge, " he said.
BBC: Blackpool North Pier 'must earn' to see 150 more years