Quote: Asim "If the club is losing £100k a month there really is little hope going forward without any big new investment - whether the pledge money is raised or not.'"
Hopefully the T&A confused accounting losses and cashflow.
If we really are losing £100k per month pa then we are in deep doo doo, with no realistic way back.
Its possible that we "just" have negative cashflow of £100k per month. That would be consistent with what we already know, that once the pledge pays off existing debts we still need £500k to pay the bills until the end of the season. That would partly be a consequence of receiving all the season ticket money at the start of the year. Serious but not as bad as a accounting losses of £100k per month.