Preston are 3rd in the championship, yet lose millions, ther is hope for our small losses once we get sold.

 agree that season Nick but would we be in trouble this season?

 OI - tbf my point was that had we lost Lewis in that January, we weren't going to plummet out of the league.

 I wish I thought staying in League 2 was 'easily doable' in our circumstances.

 I agree with the point about limited information (on which we can truly judge if we are doing the right things), but another truth is that we are in a vicious circle and I'm not sure there's a way out of that. Decisions are made for short term reasons. People will dispute this but it's true. An example: signing Joe Lewis was a short term decision. We were in a panic about him being recalled and us losing squad numbers. But was the transfer fee we paid for him really worth it? Well for one we don't know, because we don't have the exact info of the money involved. But also, long term, are we better off for having signed him? No, tbh. Some will argue promotion, but for the long-term position of the club and its finances, has promotion helped? The vicious citcle is that fans will say, well we need to get players in to perform better on the pitch. But short term, staying in L2 (easily doable without Lewis) is fine, because we need to consider what the ACTUAL long-term is. Which we stil haven't done, as we jump from one financial blackhole to the next.

 And don’t tell me we can’t say anything because of pending legal action because that’s just a rumour. We should have a real update and if the rumour turns out to be the truth then fine but I’m not seeing any legal fees and I’m not seeing any progress.

 The only problem with nickW’s answer to a thankfully hypothetical question is who is supposed to manage the sale correctly? Our lot can’t manage anything correctly.

 We all know Sam will buy us out of administration and ban anyone that was involved in his refusal to enter the ground earlier in the season.

 Mark Dennis [Link]

 Nick - think I agree with you

 TM- good question. Given that stark choice I would probably opt for the current set-up, but knowing that it is unsustainable and we could end up with a Mike Ashley-type post administration, whether we like it or not. So my preference would be the current set-up up, but with an active plan for either financial stability (which I actually don’t think is possible in the current structure, but let’s dream) or a managed sale to a more acceptable owner/funder.

 Lol at Timmy

 Mark Dennis lived in Sherwood park road mitcham, (pollards hill) a typical mitcham resident:-)

 Nick - who would you rather see running the Club - the current Afcw plc/dons trust board or Mike Ashley ?

 And to answer the question about Mike Ashley- I probably wouldn’t want him, or someone of his type, running the club, but if we go into administration we would have no choice over the matter. Therefore the right approach for the DT, which I realise won’t be taken, would be to consider a path to selling to a suitable owner and what safeguards we are able to put in place post-sale, in all honesty we are in an incredibly weak bargaining position, as a potential buyer can just wait for administration if they don’t want to comply with any restrictions, but the ability to deliver an agreed sale is the one card which we could have if we wanted to play it.

 If fan ownership would allow us to be stable (ie not losing £2m per year, which we have no ability to cover in any other way), while sitting mostly in league 2 with occasional forays into league 1 then I think that it would be a pretty good model. Unfortunately, even to have that L2/L1 level of success requires funding that we can’t generate from operations and cutting wages and dropping out of the league probably doesn’t work either, given our overheads. So, ultimately we have the alternatives of selling control to someone who will cover our structural losses or going into administration in a year or two and, from there, either into liquidation or being bought out by someone who will cover our structural losses (but over whose identity we will have control). I know a lot of people don’t like that reality but that doesn’t make it any less true.

 REPD-classic 80s good player but bit of a nutter….only his mum loves him

 Good news - Angus Fox was unanimously re-elected chair of the Dons Trust.

 Anyone remember Mark Dennis?

 O do wonder about going into administration and the likelihood of a business buy us with a view for Chelsea ladies taking over the ground and us being shipped back to KM as a part of their agenda. Chelsea would love to double their youth/ladies ground size and a club in free-fall that administration would bring and might even be able to justify saving the club by aligning us with a more sustainable environment? Just putting it out there...

 Fans owned might of worked in league 1 and 2 for us , if we had done better homework and not built the expensive west stand ,had a very poor ticket system and actually had a 14k capacity ground..still that can't be changed now.only opinion is sell out!

 The current state of football below the Premier League is a big problem. Maybe it changes and you can run at break even in at least some EFL leagues, but I don't see a current route towards that. If it doesn't then the owners cover losses or sell and our current 'owners' are clearly not willing to cover losses.

 Your previous moral…

 I agree with your moral Silk but it highlights another common problem with fan ownership - getting reliable, accurate and balanced information appears to be very challenging.

 Mike Ashley is the leading contender to take over at Sheffield Wednesday. Would you want him running our club?