On the "survival of the club" question, the club will survive. If the price drops sufficiently, someone will buy it, and the banks will force the price down if these two c...s can't or won't come up with the cash. Failing or as well as that, the best players will be sold off to pair back debt. It is quite likely that under the current circumstances, let alone under those more extreme circumstances, a title win is beyond us. That doesn't alter the fact however that the manager has been a disaster. If he couldn't muster up a consistently decent showing with the backing he's had already, it is hard to envisage him doing so when he hasn't got the luxury of buying 20 million pound players each Summer then not playing them.
The whole lot needs a cull. Yes the owners, but also the backroom leeches, the dieticians, the physicians, the defensive coaches, the advisors and the coach driver. Needless to say the manager as well, get rid, for fecks sake lets get rid and move forwards for once.