For what it's worth it makes perfect sense to me that the business with the debenture gets to queue jump. What puzzles me is why they'd want to do so. I don't know what sort of creditor they were, but, while in many forms of commerce someone owed money can buy the business they often do so, so they can then on sell it. If they don't intend to do that then haven't they gone from being a trade creditor to someone whose heart and soul (and wallet) is behind the re birth of the Bulls? That seems really odd to me. I guess the true story will come out over time.
I wish the club and the fans well but this looks v dubious to me.
The same person put the club into administration in the first place.
I find that very strange.