My interpretation of the financial "difficulty" comment is that they were highlighting the funding gap created by our lack of commercial activity. Don't the new Financial Fair Play rules include commercial income in the equation that ultimately dictates how much a club can spend on players?
So, perhaps the "difficulty" is that they actually want to spend MORE on players than the rules will actually allow them to rather than it being a problem with the overall "debt" situation, especially given that its not really a large debt in the general scheme of things.
This would explain why cortese voted against the new FFP rules because he knew that his apparent lack of focus on the commercial side was about to bite him on the bum if the FFP rules came into play?
So its more about ratios rather than absolute amounts?
Dunno.... Just thinking out loud.