The club has been virtually relegated but now faces the threat of administration which would tack on a ten point deduction. To avoid administration, the club has to come up with ways to restructure £35m in debt.
A firesale of players is in the cards to trim the wage bill from £40m to £15m. George Boateng, Geovanni, Stephen Hunt, and Jan Vennegoor of Hesselink might be on their way out.
For a club whose climb to the pinnacle of English league football took 104 years, this is a sad tumble. Adam Pearson brought the club back from administration in 2001 and almost a decade later is faced with a similar situation.