The Preservation Sky Blues Group have issued the following statement:
"PSB were present at last nights match and share the massive concern that many Sky Blues supporters have expressed since the final whistle.
The performance of the team was unacceptable and for Steven Pressley to state afterwards that it was a "fantastic" performance as well as "brilliant" and "outstanding" will raise huge question marks about our managers judgement.
There can be no doubting that Pressleys record has not been up to scratch. Many of his signings have been poor and his tactics hard to understand.
We as a group understand the growing clamour for him to be sacked and certainly wouldn't argue against it should it happen.
However we firmly believe that the main culprits in this horrendous situation are our owners SISU,Joy Seppalla and Tim Fisher in particular.
They are the ones who have starved the club of playing investment. It is they who has turned us into a team of "cast offs" and short term loan signings.
They are the ones who are happy to throw endless amounts of money on hopeless legal cases whilst showing no interest in team development.
We therefore urge as many Sky Blue fans as possible to join us at Sheffield United on February 21st where we will be staging a protest during the first 7 minutes of the game to show our anger at this sad situation.
Further details will follow early next week but now is the time for all city fans to let SISU know enough is enough. Invest properly in the team or sell up but preferably "sell up".
Spare us all this slow agonising death and give us a fighting chance of rescuing this seemingly hopeless situation.
Group Chair
PSB
Preservation Sky Blues"