Its hard to argue against the conclusions that the FL have drawn, but seeing as the moral justification is there and the legal justification is not far off, why am I left feeling that the club was set up ?
It sounds like Grant Thornton steamed in there and started going beyond their remit (why ?) and when someone finally said "boo" to them, they packed up, walked out and made a summary report, which the FL pounced on.
The whole thing stinks.....