Even if it did not say much, the takeover announcement says "I have paid off all debts owed by the club to leave it financially strong and debt free for the first time since years before I owned it"
The club will be debt free when the take over is completed (at least for the time that the switch-over happens), but if we don't get shot of the likes of Chodwell then it wont last long.
How do you know the people that have bought the club haven't had to loan money from the bank to buy it? I'm not saying they have, I have no idea.