[Exile on Spencer St]

All good points, and my tuppence worth is that the Government and MacWhinney must take some blame for introducing a law that allows football clubs, unlike any other business in this country, to ignore their duty to pay tax and money owed to HMIR.
I think I understand the argument why this was brought in but, as ever with Government meddling, the law of unintended consequences always trumps wishful-thinking from politicians.
If clubs had to abide by the financial responsibilities of other businesses it might just stop a few of them building up such debts that there is no option but suicide.
The financing of football has always been somewhat unconventional but the last few decades has seen levels of risk-taking that would make a banker blush.