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Then get the fooking debts paid. Anyone or any business paying money up front or any credit don't deserve ANY sympathy if they end up going bust again. The football authorities are an absolute disgrace for allowing such a merger without a clear proper plan to repay the owed debts and no public money should have gone into it either without that plan of repayment.
Yes if they want to claim the history of the old club, they can pay back the millions of pounds they screwed out of businesses and individuals. The old club is dead and buried in the football graveyard.