From the Circular Regarding the EGM:
If any of the disposals Cruise Disposal, the Auto Europe Disposal or the WCT Disposal is not completed or the other assumptions set out above are not fulfilled, the Continuing MyTravel Group would require additional sources of working capital. The Board has identified further businesses and assets for disposal and will seek to negotiate and complete these disposals in case such additional working capital is required.
If additional working capital is required and such further disposals are not completed, or are completed but do not provide sufficient working capital, the Continuing MyTravel Group would require additional facilities in order to have sufficient working capital and would require consent from the Affected Lenders for that purpose.
The Continuing MyTravel Group may not be able to obtain such facilities and such consent may not be given. If these circumstances occur and the Continuing MyTravel Group is not able to obtain additional facilities, the Continuing MyTravel Group would not have sufficient working capital for its present requirements.