See post 713 above from Rigsby which explains how it is.
Yes, they are 'separate', but both stem from the same issue i.e. the 'debt' to Villa.
The first issue: The payment has been resolved, hence the embargo lifted
The second issue: ... but the technical fact remains that the 30 day period was exceeded (albeit Villa and City both thinking there wasn't an issue) hence the punishment remains (at least for now, but hopefully an appeal sees it overturned).
Everything else (Blackpool, suppliers, whatever) has all been conjecture. Feel free to show us all anything that states clearly that there's anything other than the Villa issue, that isn't simply based on rumour, hearsay, etc