Quote Originally Posted by Pedro de la Rosa View Post
https://www.bbc.co.uk/sport/football/38065587

Choo said the club must adhere to Malaysian regulatory controls during the process of clearing the debt.

I don't know Malaysian law but it might be like China where it is difficult to get money out. That's where Villa have come unstuck, the Chinese government won't allow Xia to pump money in anymore. I hope he converts them sooner rather than later, having said that, now we're in the Prem, he's probably going to pay off a decent chunk of the debt.
This was my understanding - that it was Malaysian regulations that prevented this from happening. If it is, I can't find any such regulations, but I can find lots of examples of Malaysians investing 100s of millions in the U.K. Which makes me think this is more about FFP. I'm now wondering what the rules were in February 2016 (Prnarth's post points at 2016/17) when Tan publicly announced an immediate debt to conversion of £68m.