Tbf the club was always going to pay for this, it was the 'proxy' that these crooks used to conduct their illegal activities and because of that FCB will have to pay.
This shouldn't just be a wake-up call to socis, this should also be a wake-up call to all senior directors and board members of the club.. How these ridiculous illegal transactions were allowed to be conducted without proper verification means that either:
a) the rest of them are just as corrupt
b) they are idiots/lazy/ignorant towards the ongoings at the club
Inexcusable either way.