My question to any reading Pompey fan is this:
Why would ANYONE (inc. Saadi Gaddafi) buy into PFC this week, taking on the debts and court cases etc, when he could wait 2-3 weeks and pick you up for a small percentage after administration?
To clean some money, even if it means losing a lot in the long run.
To make a lot of money by buying a small Div 1 team and getting them into the Prem.
i may be wrong (and I usually am), but even if they are in Administration the Winding Up court order is still valid - ie the ball is now in the Adminstrators court to sort the money for the HMRC.