You're probably right but given that 1901 club members pay an average 2 to 3 times as much as standard STH's (plus the £500 enrolment fee for the majority) the loss of a couple of thousand of them with resultant lounge closures and further job losses is probably enough of a potential jolt to...
I'm not sure. As others have noted we need a good season to secure 1901 sales due for renewal in the spring and we have bonus money from Ulloa and Buckley sales.
Our problems are competing with clubs who have upward mobility and only need one or two signings (so can spend relatively more on...