Their fans are fully aware that spunking the best part of £30 million in two years on stupid contracts is something to do with it.
I dont know mate. But until rules are changed nothing will happen. Re kicking em out if they fill the conditions required. Other penalties may be imposed. Eg players contracts. But if the prospective owner is a billionaire he'd fight em in the courts if rules aren't broken. I certainly dont like extensions to complete business. That's the mockery. But HMRC are the ones giving the extension (winding up order) in this case.