I think we are talking at cross purposes here, I'm making the point that if STFC goes into Admin it will be Clem the main loser - regardless if its Axis or himself, as he is owed £8m.
I don't feel like what you described above is going on, as he is the main creditor. In your experience, I can see the clearly why it's been done, to take peoples money.
FWIW for whatever reason he seems to have royally fucked things up.
He got the club for a song after Power (or more accurately I suggest Power's Lawyers/accountants) fuck up or missed the pre-emption rights in the AoA, hence their later removal), now possibly pretty much after the legals confirming he had acted correctly were signed off in the courts would have been the best time to get out as he had got the club for less than it was potentially worth, but he chose not to for whatever reason be it the ego of owning a club, £ signs in front of his eyes, sheer fuckwittedness?
He then hung around until the ground purchase was finalised (possibly because he had some great ideas about the assets worth or the whole contracting potential (which is still think is a massive red herring considering the state of the UK contracting business where no one is making cash and everyone going bust, let alone a two bit small services contractor, combined with the fact that his UK businesses were going tits up simultaneously!).
Now I suspect that as part of this someone be it the Council or the Eady Trust noticed the debentures hanging over the club and sounded alarm bells that they were not prepared to basically give cash to the club (which at that stage was pretty much asset free and possibly remains similar TBH considering they can't scratch their arse re the Ground without a community groups agreement) facilitating them getting an asset which the debenture holders could then claim against when they called in the debentures, hence the sudden panic to raise the cash from his lawyer (unless, as I suspect lawyer is acting in trust for AN Other) and a long standing associate to buy them out, a short term decision which seems to have ultimately led to the public collapse of the whole shooting match.
So as it stands the business is allegedly skint, spaffing money up the wall like a teenage in a peep show and is in the process of losing its main customers, so essentially worth the square root of fuck all to anyone with a modicum of business sense, so how does he go forward.
As it essentially owes a fortune to Morfuni admin isn't really an option, even a pre-pack would include kicking himself squarely in the balls, plus there are god knows who else lurking in the background (the whole nonsense with Austin suggests that in this sphere any shenanigans would not be sorted in a court room), so its a sale of something that is worth feck all.
No one with an ounce of business sense is gonna buy without during due diligence (and no self respecting lawyer/accountant would I imagine put their PI on the line to suggest good health to a prospective purchaser) and I suspect the club would run a mile if anyone asked to, hence all the posturing about not even entertaining bids until proof of funds is proven, smokes it all out without doing a thing.
So we are looking at a risk taker, so either one with cash like Mike Ashley or one without the benefit of a pot to piss in (neither of whom are going to remotely pay him a fraction of what he claims it owes him) so a rinse and repeat of January February 2013, Jesus was that really only 12 years ago!
Unless he has a bloody great big cat hidden in a bag somewhere, I think the ship making him cash out of Swindon Town has royally sailed and probably did c. 2 year ago at best, I would suspect that we are, at best, now neck deep into keeping ones head above water and hoping something unexpected turns up territory.
Edit - I should possibly add that the above is all based upon pure speculation, albeit informed by working for several businesses over the years that started out with clever ideas, got lucky, then fucked it up and staggered on until their inevitable death....
