The cash-strapped club narrowly avoided administration by instituting cost-cutting measures such as forcing players and staff to accept a 12% wage deferral and raising funds via a share issue.
When cash privatization eventually replaced the failing voucher privatization phase, the government came up with a scheme to leverage the privatization process and quickly raise money for its cash-strapped operations.
He planted large numbers of trees to replace the timber taken by the previous cash-strapped owners and then built or refurbished large numbers of farm buildings.
Elected officials in the cash-strapped city were angered by the deal, and worried that numerous other purchase-like leases would soon wreak havoc on the city's income from transfer taxes.
This means that every cash-strapped homeowner would be able to refinance his mortgage and cut his payments in half, saving thousands of homes from foreclosure.
