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A 50/50 chance of survival. That's the verdict tonight of the administrator called in to try to salvage Portsmouth football club.
But as his prediction was digested at a meeting of creditors at Fratton Park - a group of players who made a desperate attempt to save the club from relegation tonight joined a valiant bid to save it from oblivion.
A growing number of players are signing up to the Community Share Scheme - in which fans pledge an initial £100 before making a bid to buy the club.
More jobs have been cut at debt-hit Portsmouth prior to a meeting intended to pave the way for the club to exit administration.
Four staff have been made redundant, with club ambassador Linvoy Primus one of those believed to have departed.
Portsmouth's administrator Trevor Birch meets with creditors today.
There were 30 redundancies at the club, £58m in debt, in February. Pompey were relegated to League One on Saturday.
The meeting should see the formation of a creditors' committee to represent the views of those owed money by the club.
Latest ITV News reports
The administrator at Portsmouth Football Club has admitted the chances of the side surviving another season are - 50 50.