Quote: Fully "No because they've got nothing to put against the loan as collateral, i.e. Wakefield.
For a club that has a short-term financial problem they've not helped themselves in terms of getting ST cash in and shirt sales on the go. Equally, I'm sure sponsors will be really tempted to invest in the situation now (not).
They're in a mighty rut. Unless someone is feeling generous or the council have a change of heart, I fear for them.'"
The directors know they are insolvent, to sell season tickets etc would be against the law, Not looking good.
