At least theirs has an element of conspiracy theory to it. The best our forum 'experts' could come up with was that we couldn't afford to put the undersoil heating on.
Think about it logically mate.
Unless someone has been smuggling sackfulls of cash out the back door everything is transacted through bank accounts which requires a minimum of 2 authorisations for cheques and electronic transactions, but more likely 3 and 2 of them would be board members so virtually impossible to hide money trails unless they were all in on some kind of scam which seems to be the basis of the rumours on your fan forums. Amazing how many wannabe accountants there are on them.
Maybe if your club didn't spend as much of your turnover on player salaries then you wouldn't have made the losses you have and try to point the finger and sully a guys reputation.
Have a look at Kieran Maguire on X who gives a good insight into your clubs accounts.