i was amazed at the final government/opposition verdict that ' we have been over-dipping into the credit pot' and that has been the main cause of the country's economic state. this has been obvious to most thinking people for some time. get now and pay later! that has been the policy of many people for some time.
football clubs/directors are no different to any other groups. you only have to look at the finances of most soccer clubs to see that.. what was it that charles dickens wrote through mr. mcawber.................
what must and will happen is a complete sort out and thankfully hm government have spotted this, albeit too late for a lot of us, and there is going to be a lot of sour medicine that we all must take in the meantime.
as regards our beloved saints fc and God knows how many others they could go 'to the wall', but i believe they will re-emerge all the stronger but it is going to take a long, long time.