Yes, indeed. Sad, isn't it?
I suspect that the conversation between TB and Chinny went along the lines of Chinny saying he'll consider buying the cesspit of a club, provided TB can scare, with the threat of liquidation, all of the high wage earners into accepting moving on in loans, or agreeing to massive pay cuts. And it seems that TB is trying his damnest to do just that. http://www1.skysports.com/football/news/11095/7568957/
Certain relegation? Of course. Possible huge points penalties and demotion to the sewer of the FL? No problem for our Chinny! As long as the rotten corpse is on life support just long enough until the last parachute payment date, I have a feeling Chinny isn't too concerned about Westwood sobbing into his bell when the Cheats FC plug is finally pulled.