National League at risk

Quoted from TownSNAFU5

Irrespective of what happens now, it is a sad indictment of our Club that we are hoping the NL stops as the best option to save our bacon.  

Quoted from forza ivano

Good summary of where we are from Yeovil Facebook page
National League Season Hanging By A Thread
Crunch time is here, and unless the National League can persuade DCMS to convert the proffered £11 million loan into a grant in the next day or so it is set to ask its member clubs to vote on whether to terminate the season. Now this may partly be a tactic; an attempt to encourage backbench MPs (a number whom have already lobbied the minister on behalf of their local club) to continue ratcheting up the pressure to get DCMS to change its terms. But it is also inevitable that, if it does not, the question of ending the season will have to be put to the vote - and the outcome of that vote is close to certain. North and South will definitely pull the plug; and only a small number of Premier clubs have even hinted so far they might be prepared to consider continuing just on loans. The National League is now preparing for that ballot - obviously while hoping it will not be needed.
There is a major problem with the likelihood of DCMS U-turning, and so far it has given no indication that it is prepared to. Although - and journalist Ollie Bayliss has put in a Freedom of Information Act request for all the agendas and minutes of meetings, correspondence, and internal e-mails between and within DCMS and the National League - the details of the terms of the agreement have not yet been made public, DCMS is so far sticking to the line that loans is what was always on the table and that's what the National League executive agreed to. If this is indeed the case, whether through gullibility, incompetence or simple sheer stupidity, the executive is in a weak position to argue for a renegotiation now. There has been a suggestion that the terms "loans" and "grants" were not being used back in the autumn discussions, only the word "funding". If that is backed up by what emerges from the FIA request it may give the NL a bit of leverage. Though does beg the question why, as the supplicant for money, it didn't get clarification; and appears to have done nothing in the months that followed to clarify the situation either.
A further concern is whether, as more emerges, MPs will be quite as forthcoming in lobbying if it turns out the NL executive has been a bit economical with its interpretation of events. For example, Helen Grant, a former Minister for Sport and Tourism, had appeared sympathetic, and was one of those lobbying and writing a letter to DCMS on behalf of a local club, in her case Maidstone United. However today in parliament she appeared to have greater concerns about the competence of the National League Board, referring to its distribution of the National Lottery funding as "flawed" and a "botch". Few MPs are likely to be particularly enthusiastic about nailing their colours to any mast of perceived NLB incompetence.