The loan from the City Council is dependent on a strict set of conditions , mainly that they have an agreement in place with the relevant parties that the loan is guaranteed to be paid off in August 2013 with a portion of the parachute payment. Will there be enough money left after the wage deferrals are settled , administrators fees paid and running costs for the season taken into consideration ?
I would be surprised that they get to August 2013 - I really would.