There was a conversation about 3rd party ownership of players, and the ways around it. I think BFS acknowledged that it goes on, but he wasn't giving them chapter and verse on how to actually circumnavigate the rules, but that is how the story was spun. Plus he took the piss out of Roy Hodgson. And was drinking a PINT of wine.
None of it was a sackable offence, it could have been sorted out with an apology and would all have been forgotten about within a week. But the FA are a spineless bunch of goons who blow in the wind, so of course they gave the press their pound of flesh.
Drinking a pint of wine? WTF. Got to laugh especially as he has tried to brand himself as a renaissance man in the past.