Losing heavily with a very poor performance means it will (if we haven't strengthened before then.) It isn't about the result but about our performance that matters.
They aren't an option in the timescale available (though may be in the future when Chanrai gets tired of them). I'm just saying they had factored in admin costs into their bid.
I believe the Trust have already taken this into account and factored in the writing off of the first lot of parachute payments to include costs such as admin fees.
People can talk about having to wait to do our business but we really should have got a cb in earlier. I think if we do go down that could be a major talking point and a poor start made it too difficult to recover from.