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"There is a cashflow shortfall," Patel says.
"KTFC has been forced to sell or release several assets in the form of players over recent months, delay salary payments and let good employees/contractors leave due to the cashflow shortfall".
Similar(58)
Accountants Grant Thornton, administrators to CBD Energy, said: "During financial year 2014 CBD used funds of a subsidiary company, Secured Energy Bonds plc, in contravention of the purpose of these funds, to meet the group's cashflow shortfalls".
For years, Carillion had found the money for dividends and management bonuses, but had pleaded "cashflow constraints" when asked to plug the widening shortfall in its pension funds.
Motorsport author Mike Lawrence has suggested that the shortfall forced him into short-term deals, which maintained cashflow, but were not in the best long-term interests of the company.
Our cashflow is constant.
So why the shortfall?
"That's the shortfall.
Cashflow, strongly positive last year, has turned negative.
This was another blow to its cashflow.
As cashflow improves, bosses return the cash.
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CEO of Professional Science Editing for Scientists @ prosciediting.com