Hes out of contract,the option exercised wasnt an extension it was an offer matching his current salary to at least make sure we get compo,which will be less than a proper fee.
How is what you describe different from “offered new contract and currently negotiating”?
Not having a go, as it’s not really for you to answer; more for the club to explain how and why they should put out such clearly misleading comms if you’re right…
Having said that, it’s not the first time, as we’ve been told the debt has been largely paid off, when in reality it’s simply now owed to the directors rather than external creditors. Admittedly that’s a better position to be in, but it’s not the impression that was repeatedly given.