Not sure what positive spins there are, just fewer negative ones that we all hoped, but then this was an investigation of specific issues not a total forensic trawl of everything.
I love the defence of the house purchase being fine because Ashton left shortly afterwards, so in no way was there an agreement that he was underpaid during his time and then got a bung at a later date.
How the image rights valuation was arrived at needs examination as to be that far apart with 2 valuations.... however, I cannot believe that any of our esteemed audit companies would ever do anything dodgy.
As for the joint investments, how can making loans to a company that is jointly owned by St Nige and a player ever be seen as legitimate investment and not a deliberate evasion of the cap?
Hopefully the rest of the iceberg is about to hit below the waterline.