Beardy already seems to have put a lot of cash in, which not many other cheif exec / shareholders seem to be doing. In fact the Orangy chief exec appears to have gone the otherway.
I'm not sure why he personally would feel like putting his own neck on the chopping board. If it survives his return is diminished, uncertain and recovery prolonged. If it goes then his pocket is either safe or emptied depending on what he does.
Harsh, but I can see why he does not want to put more money in - especially when the government flipped on Connect...