It's pretty clear that S4A suspect that WBA Holdings are using WBA Group to pay their legal, service and other costs. Any money owing to the Group is not about to be repaid. They also question the size of the fee paid for Pereira.
If we ever get promoted don't expect the club to see much of the money because it will go on servicing the debt to MSD Holdings, paying WBA Holdings operational and legal costs.
WBA Holdings has loaned money to Wisdom Smart which the auditors has written off and WarmFront at 5%pcm or 78% pa; S4A ask who is paying this interest.
My opinion is that , If we went up, Lai would hang onto the club for as long as he thought he could suck money out of the Sky payments. If we don't go up, I think he would cut his losses and get out for market price.
What we need is a friendly barrister to take out a civil case in UK courts against P Y Li and Xu Ke (cuddly Ken)