Do they know how many claimants they are going to have? - Does it matter if 200 or 2000
Do they have a QC opinion on their chances of prevailing in court? - I accept that, but in this case it must be slim.
Do they know the range of awards they are likely to face should they lose in court? - they must know from previous cases.
What will be the likely cost of legal fees? - they can find that out with a phone call.
What out of court settlement are claimants likely to accept? - unknown, definitely some will go to court.
Will it be material to the financial statements? - the numbers of victims are definitely unknown but possibly higher than you think based on the number of kids photos. Will there be financial penalties from footballing authorities, it must happen so it should be material.
I just find it difficult to accept that anything of this magnitude can be ignored from a financial aspect. Literally it could wipe them out and they have a get out clause from the financial authorities because nobody got busy with a pencil and a calculator.