MA "Let's say, for argument's sake, Khaled pays Mel £100M for the club and wants to "invest" a further £100M into the club. Would he be allowed to do that under the applicable rules? Could that money be used for transfer fees and wages or only on infrastructure?"

All bloody good questions! My understanding is that there are ways and means of investing in the club that seem to get round FFP, as all the "big time investments" in other clubs have seen significant available transfer and spending increases. I believe a lot of it depends on how the funding is done - stadium naming rights, advertising etc but also there must be a mechanism for introducing permanent funding ?

Unfortunately far too many fans appear to think middle eastern investor = loads money to spend in January and a glorious futute in the premier and champions leagues We shall see, but first we need to see the colour of the money - ie how much is to be pumped into the club (after all the potential owners assets may not be free, or the owners not willing, to invest immediately beyond the acquisition cost) and when, and then equally importantly how.

Too many questions unanswered as yet for me to start talking of the second coming of Manchester City, although I cannot imagine that new money would want to buy a club languishing in the lower reaches of the league and not energise it with money and ambition