Yes i'm sure that is what AG referred to when he said he'd like to honour some of the debt

Goodwill - more than likely, ours.

Correct. Eric was the company's Finance Director and I think that Andrew Wright & Co were engaged as the club's accountants to prepare the annual accounts for Companies House.

As the club would (& still will) be classed as a small business they didn't need to have the accounts audited.

Correct

It was a decent deal as the club got a regular lump sum. Barnes then had the worry about making enough profit to cover this. Also Ray Barnes did buy the club shop and fitted it all out as his payment for joining the board.