If anyone is on Twitter, I suggest following Kieran Maguire- the bloke who uncovered Swann’s gambling shenanigans.
Nearly every club’s accounts make for sorry reading; off the top of my head I think Woking lost £1million last year alone. Today, Oxford released accounts showing a 4million loss in in 21/22 with overall debt £20million.
The independent regulator needs some teeth or else there will be many clubs ending up in our scenario, if not worse.