No, I've already conceded to you (for weeks) that £££ wise, we're in trouble. No denying that at all, that's why the 30m Pickford money you paid wasn't reinvested in the team, it simply went towards our debt which is rumoured to be at about 200m. What I've told you consistently, is that as bad as we are, liquidation isn't close. Obviously, we're still in debt, but the books have been balanced (slightly). Still a long, long way to go mind.
We'll need to sell our valuable players (Kone and Ndong) and bring in some cash. Unfortunately, we'll not see any of that money, meaning we can't upgrade the squad.
To summarise, liquadation isn't close at this stage. If we go down, then yeah - that's a real worry. Even then, I still highly-doubt we'd shut up. Despite what you think, Sunderland has enormous potential (Good fan base, excellent youth/training facilities & good stadium) and I'd hope, some very wealthy group/investors would see that and would bail us out of our crisis. I can't see Short stopping around much longer. Clubs have been in far worst states than us and survived.
All of this is hypotethical mind. I still don't think we'll go down, I'm 100% certain we're not quite at the liquadation level. I'm happy for you to quote me on that too.