So, if Wray says to his players. There won't be any more investments this year, but I'll sort you out when we can.... Then they're within the cap this season with no need to offload anyone.
Job done and nothing prl or the other clubs can do about it
However if the investment is property then that is a tangible asset,which is enduring as long as the player is a part investor. The outcome would have to be asset is disposed of but any gains would have to be declared, or player steps out of the agreement meaning what they thought they would get is no longer available to them, or the player reduces investment amount to something that is paltry - similar to the previous point. Which ever way we look at it, the season has commenced with what I can only assume are intact investments and associated tangible assets, so there is still an issue.
When you look at Vunprop, there are some interesting filings, the Vunipola brothers own the business outright, after an initial Saffer (Wray sidekick) investment. Earlier this year they were served by a striking off notice which was later withdrawn, it appears to be related to late filings and charges. When you look at some of the filings, they own a house in South East London for example, 45 Alloa Road, which was purchased in March 2017, they took over the awfully named Vunprop in February 2017, where the value appears to have gone down, hence Nigel Wray's defensive point (not).https://beta.companieshouse.gov.uk/company/10592745/filing-historyhttps://www.zoopla.co.uk/property/45-alloa-road/london/se8-5ah/20966016
The thing is most of the information being looked for is in the public domain, so once you know where to look and have all of the pieces putting the story together is pretty simple to make a case for the misdemeanours. However as we all know the EAs are the masters of the loophole technique.