What are the rules that prevent Tan converting debt to equity?

[xsnaggle]

Thanks for a serious response. These rules were for the 2016/17 season. What were the rules that prevented him from converting debt to equity when he made his announcement on Feb 2016?

When you started this thread I was laughing to think that after all your moaning you don't actually know the rules yourself. We have seen it stated time and again that it is Malaysian financial rules that are the problem so why don't you write and ask the Malaysian Government/Embassy if it concerns you so much. nobody else much cares.