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Possibly not in the accounts for next season, but in reality it impacts it. Any money taken out of the bank today needs to come from somewhere and we're "overdrawn" from last season (and the one before and the one before that!) so the only pool of money available is the transfer budget for this...

You missed the one critical outcome... The club wants him away but can't afford to pay (because of FFP) and so builds a case for breach of contract, which Gus rigorously defends because he wants the cash.

THIS... The LMA are Gus's Union and as such they, like is legal team, are required to provide him with the best defense they can regardless of whether or not they believe he has a case to answer. If they believe that he has done wrong, they can't walk away and tell him to face the music by...