It will happen though. No matter how many warnings it seems vulnerable boards/owners who want out or quick cash fall for not just Mr C but anyone else with the right 'chat'.
Regulation will not stop it as those who need to enforce it will be batted back with the line of 'without the investment club X will die' so would not want to be cast as the bad guys!
Does anyone think there is a way to more effectively regulate investment or ownership of clubs?