Transfer fees are not the only part of player costs. In the last 12 months you have paid your creditors 1p in the £1 and yet you are now affording to pay wages sufficient to tempt players from a well run Club. Plus ca change.
Without the financial shenanigans you would have been in a lower division kicking around with the clubs who were spending within their means. In some ways the gamble has paid off as you are still in the Championship - but the stench will take a lot longer to clear.
It is being able to field better players than you can afford - so Clubs who do not take that route are at a disadvantage on the pitch. Call it what you like. Lots of people will call it cheating.
I think he will be an idiot to move. Especially to Palace where he will likely as not be in a relegation fight, with worse service, having to win over the crowd.
Also what Bwian said - if Gus is not that bothered, neither am I.