You still spent money which you didn't have and a level of money that potentially could bust any club, but it was still allowed. I've advised the lawyers at Forest to ask to the Prem for a 23 year repayment deal and we'll say no more about it.
Repayment deal on what though?
Players?
Wages?
Neither of those are guaranteed as security against a loan. Players could be crap or get injured. Wages could be wasted.
What you're describing is more or less what Chelsea have tried to do to get around the issue, drawing up contracts 8-9 years in length in order to buy players and pay wages they can't really afford.
Not a single equity fund, bank or government would look at the proposal you're suggesting for Forest and take it seriously. It isn't a reliable investment



