So you can just start a company and sell something to them of a similar value to what you overspent? Boelly owns both companies so has lost absolutely nothing...utter corruption and manipulation of the rules for their own benefit.
That Leicester loophole is crazy- the point of the rule was that a club would not overspend and put the club's existence at risk. Getting relegated itself is a big risk financially- and this loophole means that a club facing relegation can just go hell for leather in a January transfer window.
What would have stopped the Football League from charging them (I seem to remember this being mentioned as a threat for Everton given the Football League were 'tougher'.Or charging them now as I expect those costs haven't gone away...?