Inquiry, inquisition or the light at the end of the tunnel?

The Premier League and The FA are to institute a joint inquiry into the views expressed by the Independent Arbitral Tribunal chaired by Lord Griffiths in September 2008, which dealt with a compensation claim by Sheffield United against West Ham United brought under FA Rules.
The joint inquiry will examine whether the conduct of West Ham United immediately after the Independent Disciplinary Commission's decision of 27 April 2007 amounted to further breaches of Premier League or FA Rules.

These words, taken from the FA homepage, marks the starting point of yet another twist in the never ending story of the ownership, use and impact of Carlos Tevez during the Great Escape.

If you read it again, after the first adrenaline rush has worn off, you find that it will look into the outcome of the Griffith Tribunal and they came to the conclusion that we were at fault!
Is there really a need to look into that if they agree with that call?
Could this be the appeal that we were denied through the CAS route?
Could this be a way for FA and PL to get this problem back where it belongs and try to take contol over this and to prevent spin off effects in the shape of an increased number of problems being handled in the courts rather than within the football community?

Then the statement says that they will see if there were further breaches of Premier League or FA Rules, and that’s a bit more worrying.
The good (?) thing in the short term is that there will be no need to pay off Sheffield this year. The bad thing is that it will surely pour a bucket of cold water on any takeover discussions!

Bubbleview will be back shortly to expand on this.