This situation has been coming for several years.
The motivation of the current majority shareholders for putting money into the club to keep it afloat has had a secondary intention and that is to buy up more shares from the additional issue and further dilute the percentage ownership share owned by Lee and his cronies. My hope is that once they own a sufficient equity share, they do one of the following, invest for success or sell to an ambitious new owner. I suspect however that we will witness more of the same in terms of their management of the club and furthet decline.

The club is probably not unlike other clubs around the country in that they spend more than they earn. Exeter have had to be bailed out recently for example. This problem is endemic within football and we are not immune. There are two solutions, cut costs which is what the recent articles highlight or increase revenue.
The latter seems impossible when the product on the field has deteriorated to the extent that our performances are barely above relegation level. Fans are not going to engage with that and numbers will plummet, the signs are already there.
Sadly when the window of opportunity has been left ajar and a push for promotion has been on the agenda our owners have failed to find a scrap of investment to enhance that opportunity. This season for example we were in the hunt for a play off berth in January and their reaction was to sell our top scorer and replace him with a 33 year old who has a recent history of hamstring injuries. How you can plan for a season with only 2 strikers on your roster throughout the season is madness.
I remember the desperate days of the late 60's and 70's and we are heading back there rapidly.

Hourihane or any other coach has no chance of success under the financial constraints imposed upon them therefore we just become an outfit where wanabee coaches come and cut their teeth before they move on

In summary, its a **** show, Im pleased I spotted it on the day this lot took over and for those who lambasted Luke Goddard, youre getting exactly what he predicted and many more of us agreed with.

Radical change required!