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The seller later agreed that the funds transferred to him would be treated as an unsecured loan, and that Mr Tripathi could therefore use it for his own purposes, his lawyers added.

Another unsecured loan for $600 million was granted at such a low interest rate that it makes sense for Alaska to keep it on the books.

Subject to approval by the FCA in the next fortnight, the second tranche of a personal, unsecured loan of £1m from Graves will be advanced to the club.

Graves will advance an unsecured loan of £1m to Yorkshire if the takeover goes through and arrange further funding of up to £4m if certain appointments to the new board are approved.

Amazon.com Inc said on Tuesday it had reached an agreement with certain lenders to provide the e-commerce giant an $8 billion unsecured loan.