In his interview(s) yesterday,Reg was at pains to say "I don't think we've panicked".
I believe him, the problem is that as soon as you use that word people think you are panicking! And that is what is being reported in quite a few places.
Probably would have been best to avoid the word just say something line "Our decision is one that is considered and well researched".
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After all "Positive Changes at The Valley" wouldnt sell as many papers as "Charlton - A Club in Crisis"