The thing is though, whatever the rights and wrongs of the player amortisation, the fact that Mel has been resorting to these practices, together with the sale and leaseback of the stadium, tells its own story, he has been pushing the boundaries of FFP and thats where I see his culpability lies.
Fine, he was the owner, he wanted to achieve promotion, he promised he would deliver this to the fans, BUT, he still has to operate within the EFL rules and within financial parameters. So yes Covid is a contributory factor, but in reality it has merely brought forward what would have been inevitable, he gambled his cash and the clubs future on promotion, he didn't succeed, now the clubs in the ****e! Thats down to his bad judgement and poor financial and I'd say operational management.
Yes fans may have salivated over the signings, though many took the view we were over paying for average players, but then Mel didn't say, look fans, I'm going to gamble the financial security of the club on getting promotion.
If he had said that, then many fans might not have been so keen to support what he was doing.
For me the guy has to take the blame, he was in charge and took a financially stable and viable club into administration.