"I could accept the argument if we were artificially building up the club through debt," Khaldoon said. "That produces a destructive end result; we have seen that happen. But in our case, the club will be in the healthiest position because there is no debt. We have funded it through equity [permanent investment], including the signing of the players.
"I believe what we are doing is a fair way to inject competition into football, without debt."
The piece is a pre-cursor to a wider feature on the club which appears on Conn's blog, with the first part now up, and is well worth checking out.