No I get that you didn't mean anything by it. Plenty to criticise Dave King for with the biggest example being the merchandise f**k-up. That was both entirely foolishly handled and not close to transparent. I don't see any reason at all to believe that the soft loans are money laundering as they aren't getting any short term return or possibly no monetary return at all. I think that's you trying to overstate your case which you don't need to. The soft loans can be criticised in terms of a strategical criticism definitely though. From a retrospective point of view the strategy worked about as well as it could have but that involved a lot of luck and therefore made the strategy high-risk. If Gerrard hadn't guided the team to two EL group stages in a row, which considering how few teams had done that through 4 qualifiers and that we weren't seeded for many of the qualifiers was very unlikely to be achieved even once, then the financial position would be certainly worse with the revenue not increasing much at all.