The sale of four players during the January transfer window, including top scorer Bradley Wright-Phillips, enabled the tax debt relating to the winding-up petition to be paid off.
While the tidal wave of steeply discounted hotel properties didn't occur to the degree expected, a number of distressed properties still are winding through the system and selling on a one-off basis, said Jan Freitag, senior vice president of STR Global, a lodging research firm.