We had a dodgy parasite called Lee Power (Tim Sherwood's best mate) who if many reports are to be believed, has been stripping cash from the club. There are still court cases outstanding as it seems he had a "gentleman's agreement" with Gareth Barry and his agent (against League rules) to carve up off the books transfer and sell-on fees received (and these amounted to millions, we have had some decent players in recent years).
All may be revealed in court but meanwhile, the parasite messed up in trying to do a bit of dodgy financial engineering, selling his shares to a mystery US company no-one had heard of. He didn't realise these shares first had to be offered at the same price to the minority shareholder - which was Clem Morfuni. He took up the offer. He's hailed almost as a Messiah - he's a top Aussie bloke. He's not even mentioned the Ashes.
This was just a couple of weeks before the season started. We had only 6 senior players contracted, no manager, with all sorts of debts outstanding - ground rent, wages, tax etc etc. There was (still is) a transfer embargo in place. Most supporters just hoped to survive this season but the new manager Ben Garner scraped together a squad and has implemented a possession, passing-style of football (a bit like Man City but without the goals or Jack Grealish's calves) that has delivered results beyond expectations. Realistically we kick on next season and anything before then is just a bonus.