Our latest accounts arent registered with companies house yet.Just to make it clear, I am discussing the second charge.
And from what I understand, Moshiri hasn't been funded the club since the Russian invasion. Otherwise, we wouldn't be in a position to beg for loans from Metro Bank/Rights & Media/MSP/777.
Since this is registered with Companies house, we can be pretty certain when debt is converted into equity. Last time this happened was January 2022 when Moshiri took on a further £100 million of shares in lieu of debt owed to him. And since this did not happen at all during the latter part of the period of the second charge, I think it is not unreasonable to think that while our loss may have been brought down to less than 105m over the three season period, the Premier League is not satisfied that the owner is able or willing to fund the club.
The commission report clearly states 105m as the threshold, so Moshiri has 100% been "funding" the club regards the PSR aspect.