Plymborn
A blind & deaf person with his head in a sack in a darkened room wearing a blindfold and ear-plugs could have deduced that PAFC were in a mess. The minor detail that the contractually binding wage bill was several times larger than the club's income would have been a bit of a give-away to almost anyone who was party to that single fact, don't you think?
Thereafter, you're giving Ridsdale credit for what Guilfoyle would have done anyway - it's what administrators do.
I cannot believe you, who have a downer on anything capitalist, can give support to Ridsdale, who's left a trail of destruction at several football clubs in pursuit of his own interests. He really is the sort of person that gives the vast majority business people who are honest, hard working & professional a bad name.