I believe they're asking for £125 per photo for 2 photos so £250 so I imagine the other £50 is for the server costs. We need £300 for the monthly cost I believe.
Yes, there's absolutely no point in them suspending it until it's done. With people like Tancredi making bullshit rumours they're rolling in it through lucrative odds on other teams that he's linked to.
Do you genuinely believe they will take this further if you don't pay up? To me it's just a opportunistic company trying to make a quick quid. I bet they do it on a daily basis and if the money isn't paid just move on to the next vulnerable website.