You will get 1 notification every single damn day reminding you to stop drinking and start paying your bills, then after 7 days notice the enforcement authority will pay you a visit and take the most valuable thing you have - your best valuable player and sell him for the highest bid on the auctions without asking your permission
You can't make any bids/offers above the 2M that you have, just below 2M. If I was in your seat, I would ask that friend of mine if he would first, consider selling that kind of player and second, how many T + £ is he willing to sell him for?!