New investment after a Pre-pack Administration might be the key ?

And start a relegation season with a points deduction? That would be madness.

All that is needed is someone who doesn't mind giving away half a million. But that's the hard part.

How are those book sales cominmg along?

I hope you're right Bren. I know there were a couple showing an interest but neither of the names mentioned to me have the cash to back the club to the degree that some on here would like.
More a Glover than a Koucash if you like!

Pre pack should have been done this season so we took the hit now points wise.

Investment in a sports club rarely delivers a return; perhaps I should have used a different word.

From what I gather, there could be commercial opportunities that have been made possible by the restructure at the top of the business i.e cash coming in that wouldn't come in before, for one reason or another.

We all want to be fans of a thriving club, but without investment its always going to be a up hill struggle. The club need to make cut backs, in staff, match day entertainment , and match day security. Does the shop generate cash and can the lease agreement be shelved.
Im not sure the fans can provide much more, they turn up in greater numbers than they have for years, they buy the latest shirts etc etc, they buy drinks from the in house catering huts and rent out boxes.
The best policy from the club will be honesty and plan for the new season now. I believe we sold about 5,000 season tickets, our gates are about 8000 so 3000 are or should be paying £22 quid each home game. Have I got that right or am I totally off the scale.
Review the expenditure from all angles and make the cut backs now

If its done now a points deduction would be for this season.

I agree with this but the key to what you are saying is in the first line. Make no bones about it we will never achieve more than mediocrity in SL (IF we're lucky to stay there) or as a club at all without massive investment. We should scour the world to find an oil gezer or likewise to come save our great club. It would be a drop in the ocean to one of those guys.
Sadly, good intentions, hard work and sincerity are not enough to give success and stability.

I don't thinkw e know enough to say Admin is the way forward.
I'm sure WYW will be one of our big creditors so not paying them is no different to going in to Admin and not paying them with some other people

I think at this stage Admin would be bad for us. Working hard and getting out of the poo is the thing to do now.

Also, as I read it, Carter hasn't said how much debt we are in. He has said how much under capitalised to run the club we are. That's not the same as not paying the bills tomorrow.

I'd take 2 more glovers in a heartbeat please.

The part that really hurts is that to an outsider,not knowing the financial situation,we would have appeared to be a club on the up.
Superb crowds which reflects the rekindling of dormant interest in the city.
People are saying get rid of the shop ,but its presence advertises the club.
As Clan pointed out we at last seem on track re. young player development which allied to the innovative scholarship scheme is great progress.
Its not that long ago that the Sky crew were holding us up as a good example to follow.
I feel really depressed that we are in such a mess again.
Its hard to comprehend that there must have been such dire mismanagement and that a successful businessman has apparently not been sufficiently involved in the direction the club were going.
I was not expecting suddenly to be at the top,but at least be in there competing and steadily progressing.

I think that people are seeing the 400k, misunderstanding the phrase 'under-capitalised' and turning it into something they do understand - a £400k debt. As far as I can see, that isn't the case.

The club is now being run by an accountant; that's probably the best thing for us at the present time - hopefully he'll bring some financial discipline to bear and ensure that the organisation cuts its cloth accordingly; he's already shown that he has the guts to make tough decisions and for mine, that should continue.

If WTW starts to wash its own face and sheds the reputation for winging it, perhaps the business community will feel a bit more confident about getting involved.

Where have you heard that there is to be a press conference?
What time is it supposed to be?

I thought Agar said in his post-match interview that MC would be speaking to the press today; I also saw a Tweet from the WE saying that they were speaking to him today. Sounds like a press conference to me!