It is technically debt but had the characteristics of equity in that effectively irredeemableIt's the lie that is repeated so often in their bubble that it has become the truth.
I think that technically it is a debt, some DULLARD would probably be able to explain it for us.
But as there are no interest charges or repayment schedule, it's irrelevant.
I saw one poster had the balls to say that Palace have actually spent more than us over the same period.
5 extra years of Premier League cash eclipses the £350m from Tony.
They have very little to show for that spend.
We have a Stadium, training ground, an overflowing squad and cash in the bank.