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Watford and Udinese took the piss though, one season something like 12 players moved from Italy to Watford on mostly free transfers to get around the limit of a maximum of 5 loan players in a match day squad. These weren’t young players being sent out for experience either most were mid 20s...

Muzio is their chairman, and holds a minority shareholding, he is more their Tony Bloom because Tony isn't involved in the day to day running of USG. They've worked together before so he's clearly a very trusted lieutenant in Tony's empire. Philippe Bormans is the CEO so he's their Paul Barber...

Probably wouldn't be an issue. UEFA were satisfied that RB Leipzig and RB Slazburg are run as separate entities despite both being owned by Red Bull. They have different chairman and different boards. They've even been drawn together in the same group of the Europa League. The same would apply...