Quote: Jake the Peg "I'm pretty sure that pearson originally bought us as he thought he could get the club at a knock down price, come to some agreement with the mad Egyptian on a cheap rent deal and make a decent return. Obviously that fell through but he's now seemingly in for the long haul as it's the only chance he'll get his cash back. He seems pretty relaxed about the financial side and happy to pay off contracts so doesn't seem to be counting the pennies just yet.
I see his mate Wilkinson has just come into another £65m so I'm sure pearson can get his hands on more cash if he needs it'"
That did seem to be part of it, but probably not the main plank IMO.
I'd guess that he bought the club for very little, but you're temporarily lumbered with an abnormally high tax bill from the deal he struck with HMRC. The extent to which the recent losses represent paying off that liability or investment or a structural deficit, is the 'interesting' thing from a longer-term business POV.
