According to the BBC article, the winding up request has been made by a creditor. Unless I'm mistaken, this was the same as in 2010, the creditor being the Coop bank.
I'm hoping therefore that the creditor - presumably the holder of the Hillsborough debt - will have a similar role as thr Coop bank, in that a new owner could hammer out the deal with them (a la Mandaric).
I could be wrong in this. I also think that our then ownership were of course compliant, and we therefore avoided administration. Whether the Coop could've gone over their heads if thet weren't (i.e. put us into administration) I don't know.