All Quiet on the Western Front

Anyone have any idea what's happening? Peter Reid was interviewed in today's People newspaper; he states that he has a squad of 13 - 3 of whom are goalkeepers - there's no money to fine players for being late etc, and no one has been paid since December (even still the FA are levying their fines). Meanwhile the news from Home Park and Guilfoyle is deafening by its absence. The preferred bidder has still not been announced with any press conferences being confined to cut backs and redundancies; there's some sort of problem with the bidders not being as confident in themselves or the club to take over immediately or to pay the staff before the end of the season. So what have the un-magnificent 7 actually done to a club once lamented as being well run? To reduce it to one run on pride and fans' charity, and to make it so impossible for someone to take over easily? Guilfoyle still maintains that it is possible for the club to be liquidated, which is no comfort for anyone especially when you have no idea what's going on and if any effort is actually worth it.