One thing I've been wondering, this £20m doesn't have any timescale for when it had to be repaid, it's an intercompany "debt" and they've always said that it would just be paid off as and when they needed to. Its not like the SBC loan when it had to be repaid by a certain date.
So, that being the case, why would they remove the obligation now, in this set of accounts? At a time when fans are already questioning them it was always going to lead to a lot more questions and anger. I mean, they could have removed it in three months time so it wouldn't come to light for another year, or they could have removed it in two years time and so on.
Just thinking out loud like, but if someone wanted to buy Madrox but wanted it removed first then that would explain why its been done now. I can't see why else they'd do it since they'd know the reaction it would lead to and doesn't seem to have any advantage for them?