I saw this today, an analysis of the oinkers situation by the Company Secretary of Leeds Fans. I just skimmed the numbers of their accounts, and missed the narrative that he highlights.
https://www.mikethornton.xyz/sheffie...going-concern/
There's still a hardcore on porktalk, I notice, that think that spend, spend, spend is still the way out of FFP, and aren't willing to crawl out from under their comfort blankets, but the penny is beginning to drop. They are in so much trouble, and they are at least a year or two (with big player contracts) away from being able to do anything about it. They need 10 big wage players off the books but who is buy permanantly injured or under-performing players*, and who is going to walk away from a contract where you get paid 30k a week for dropping by the physio 3 days a week?
Chancer can't get out either. The club is a basket-case, with a wages black-hole. Surely no-one is stupid enough to buy it, even at a knock down price. All he can do is to chuck Daddy's money in the bottomless bucket. Makes you wonder how long Daddy Chancer is going to keep bankrolling his idiot son's play-thing? Its tragic**.
*There is some speculation, unsubstantiated, that 'injured' players are not really so, and aren't been named in the first team squad to avoid paying them their match appearance money. Like, 'WOW', if that were true...
**I don't really mean that last bit.