92 full time professional clubs was an early 20th century model, not an early 21st. Teams/clubs can continue at a semi pro level, no big deal.
The problems facing lower league clubs are the result of the formation of the Greed is Good League in 1991....look at how the numbers have escalated.....players on 200000 a week plus ..... small clubs survived by selling on their best players up the leagues.....the influx of foreign big money players has all but removed that income.
Would not be a shock to see more old clubs go the same way...Oldham could be going that route too with the idiot they have in charge.
At the end of all this the Premier League edifice WILL implode and tears will follow for some BIG clubs.....its not sustainable.