BN's right in as much as everyone is for sale, has a price tag. We're in a position where we'll have to listen to offers. That said, we'll have worked out who we want to (and can afford to) keep. If we get offers above that internal valuation then there'll be further discussion.
I don't think it's
as bleak as that might seem though. There'll be parachute money, and other hangover income streams. I can see KP selling us but if not, there being funds available sufficient to do some kind of meaningful rebuild. We will continue to exist even if we're granted certain leniences.
With astute trading and a ground floor manager, we
might bounce back relatively quickly. I wouldn't say one season but maybe 2. On the plus side, we might also shed some of our supporters who want no part of the club, or the EPL, or whatever