Reynolds is a good business man and this must be scaring the hell out of him. They outspent in terms of salaries in the conference and L2, they are competing with serious money at that level against Stockport, Mansfield &Doncaster, Crewe, small local clubs. There is only Bradford in there with any pedigree of bigger things.

Next season you'll have yoyo clubs like Rotherham, Huddersfield, Plymouth, Bolton, Oxford, Posh, Barnsley, Blackpool, Wigan, and potentially Brum. These clubs know what is required to get into the championship.

He has a history of selling at a good point and moving on to his next project. Be interesting what happens over the summer, I wouldn't mind betting he lowers his exposure of risk by trying to get more investors in.