When Baz came in I thought his model was to reduce our cost base to allow us to become self sustainable as quickly as possible. The £10m in bond payments would be covered by the profits from player trading and at the end of five years he would own a debt free club for very little personal investment. If we got promoted in that period then obviously he would pay off the bond holders early and have an even more valuable asset.
If that was the plan then fair enough but comments about him pumping money in every month for working capital suggest we are some way from being self sustainable which makes me question why we have spent so much on wages for some very average players who can't get in the team and on low priority projects like tannoys, screens, Red Lion, etc.