Transfer funding agreement paid off in full by Swindon Town majority shareholder

Records published on Companies House show that ASI, of which Morfuni is the sole director, borrowed money in March 2023, using a leasehold property in London as collateral.

This sort of agreement is not unusual in football, and often allows clubs to access full transfer funds up front when the actual fee from another club is only received in instalments.

The loan, which came from Time Invoice Finance, came with an interest rate of four per cent above the national base line, meaning the club has paid around nine per cent interest on the cash over the past 16 months.