And if he is declared insolvent/broke/bankrupt on Friday/Monday where does that leave the Nix, with only 2 and a bit weeks til the season starts...even if he gets through I don't understand how he will be able to pay the existing wages never mind the new players we are desparate for, that Ferrari sale money will only go so far 
FFS Don't panic.
The Nix will be in the A-League this season, the FFA have said so.
The way I see it, the FFA dont give a rats arse about who is financing the club, as long as somebody is.
I would prefer TS to stay on, as he is the founding father of the club, but if he can't afford it , so be it - Thanks Terry but, bring on the Phoenix Five, Fab Four, Tremendous Three, whoever.
Buy your season tickets, get your mates to get theirs, & support the team, it's our support that can help the boys on the field.