I think everyone should chill out.
As I understand it (reading this thread), St Marys is going to be knocked down by the council, become the site for a new Tesco, or become a new housing development.
Radio Solent have basically said bugger all. All the local media want to be the first to actually break the news, and Solent have probably tripled their audience this morning with this latest 'revelation' (but only if about 20 posters on the forum tuned in).
Just wait until the administrator makes a statement. In the meantime get on with your lives. I'm off to the driving range now. Cheers.