If 777 cannot get the funding to get the deal over the line they still might be forced into considering their two worse options. Either taking control of the stadium putting its only potential tenant into balance sheet insolvency and real danger of bankruptcy or taking control of us and the headache of refinancing and resale to a more committed long-term buyer.
Neither prospect looks compelling to me, hence the can-kicking.
12-point deduction now and we're gone. Start next season on -12 and at least we have a chance of pulling off a miracle.
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