"details of a major restructuring of their debt" Restructuring is a polite way of saying written off. Lets say they owe £2.6 million, rather than pay it back at £100,000 a year for the next 26 years, Farmer offers to pay £1 million cash. The rest is written off. He gets a bigger share in the club which he sells to the fans. Gives them an interest free loan because they can no longer get credit from the bank. Killie, partick and Dunee Utd have all done the same. Look at their league position to see what happens.