As charter/57hattersyears says in there, we won't know too much until next year as to how the spending is reflected in the accounting, as these only cover prior to the major signings starting.
I'm sure there was something said with the Co-op that any money spent and debt owed to Stott is being transferred into shares, or something like that.
Basically the money is being loaned to the club by Stott and then is being converted to stock equity every six months.
The only concern about the money being spent is that the club isn't ladened with debts it cannot afford to sustain if Stott were to leave for whatever reason, but that appears to have been planned and accounted for.