I just hope that the players are informed in full ASAP. Last thing the club needs at the moment is players on the pitch that don't know where they stand. As for who will be released, I can only assume that other clubs will be vulture-like and will be waiting/hoping for torn up contracts rather than waiting to pay up in the transfer window. I think the high wage players will be first to go, cutting costs is surely their first move. Who knows what sort of squad will be left but it's hard to imagine low-wage players will be released, but could instead become regulars. There is good reason for some balance though, cutting costs is one thing but keeping the fans turning up is financially also of utmost importance. Having been "released" from a business in dire financial circumstances it's a c*nt of a situation that I do not wish on anyone.