Howe's bid is very similar to Pinnacle's now.
The money behind the fan front is gone, and now the fan's just left there wanting to do something, anything to try and save the club, but not able to do anything.
The rule itself isn't illegal, the football league can put whatever restrictions they like in place.
What probably is illegal is the clubs paying out to football creditors at the expense of other creditors like HMRC to try and stay within that rule.
I still remember their taunting a few short years ago, some of their fans crowing about their 'billionaire' owner, hoping we'd go out of business completely.
Who the **** is laughing now?