From what I have read about Salz and judging by his background you would imagine that his commercial acumen would knock our friend LLS' into a ****ed hat, not that I think Marc Jackson involvement would be anything other than 'business strategist'.
Perhaps, and just perhaps, the said parties are waiting for a liquidation of the assets.......
You would imagine that Aviva would have first charge on the stadium which may see them lease back to a club needing a 32,000 seater stadium or sell to the council as mooted on here. It is acknowledged that the majority of the debt is acrued here.
That would leave the Football Club (an asset on SLH not itself in administration despite what the nobbers at the football league would have us believe) up for sale, I would imagine that the purchase of that could still be at a fair whack but without the millstone around the neck of a £25m mortage. I wonder which entity the player contracts are held against?
Then again, I am not an M&A expert.