I don't think the two are directly related. 5U bought the shares in the club from KT and DB (with whatever shell companies involved along the way) so that is their money. If the money they've "loaned" the club is from that pot or from elsewhere is a bit of a moot point.
It's still unclear if the money from 5U was kept by any of the parties though. From the Trust statement the other week:
The club/KT&DB could clear this up very easily, but frankly I don't see why they should as they are under no obligation to publicly discuss their personal finances.
If I am honest, this is my personal view too, and I think MC and a few others feel this way? If the money has needed to be spent (whether it represents good value or otherwise?) then the "debt" loaded on the club is only relevant to DB and KT if they can't recoup at point of sale.
I think the question is whether the debt has been loaded on falsely though, to hide the monies that were received from the Chinese?
GPC / Manny, am I reading between the lines correctly here from your viewpoints?