Very existence of the club in doubt?

[saabrian]

Looks like the cash crisis is even more severe than many of us thought

Leicester could go under next year (Soccernet)
http://www.soccernet.com/england/news/2002/0827/20020827lcfcwarning.html

Future in doubt for debt-ridden Leicester (Guardian)
http://football.guardian.co.uk/News_Story/0,1563,781181,00.html

[JoBeck]

Finally, some figures have been released: and they are very scary.

I'm nervous about the club's future. I had previously thought that the club had 20 years to pay off its stadium loans (with interest) but they can't even meet payments now.

The PFA has come to the rescue of some clubs in the past, but they can't do that anymore. Besides, what they would have been able to give Leicester would only be a drop in a 30 million ound bucket.

I don't really know what we can do.