Good post, an FD would normally be very influential on the direction of a company. They not only preparing the accounts but show due diligence to the auditors that the company is not insolvent and able to meet its obligations (VAT, PAYE etc).
He would advise the fellow directors of the exact financial position of the business and if they are trading within budgets set.
Dave Jones will have been fully aware if we had the funds to buy players, at what point we would be up to any credit lines given.
Dave Jones would therefore be very aware of what state SFC plc was heading and could, allegedly, be part of the state by not standing up and being counted.