Interesting bystander you seem to like research so I will give you some .
This is from a football club in general standpoint out of interest as I cant be bothered to do the research .
With FFP does ‘proof of funds ‘ mean you have the readily available cash to purchase all the assets and pay off creditors as required .
Or COULD it mean you have the required assets /guarantors ,loans and cash all as leverage against a purchase?
On the Scunthorpe Utd front in those podcasts with the lads Swann basically said he would take the money over as long a period of time as the buyer would need so it might actually not be the case that Hilton needs to find 3.4mil in 20 days .
