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:facepalm:

According to Companies House, so far he’s ‘only’ converted £96m of his directors loan bonds to share capital. Still leaving circa a £200m creditor director’s loan balance which the club could repay to him. Simply repaying a debt and not a “return” some refer to.

"Return" is wrong. Part repaying his £300m loan to the club would be the plan, eventually.

:thumbsup: No one will be thinking of that yet. In the balance just now as to whether the club will have £100m extra inome next season.