Money might be a problem, a fair bit of investment would be needed etc but no reason why a serious effort couldn't work!!!
Yeah no idea on what sort of numbers they would be looking at. Of course a buy out doesn't have to all be in cash. Many buy outs are a mix of cash and debt or even equity. In the latter case the bank would convert its debt for shares with a mechanism for them to cash them in at some point as generally they want to get out within 1-2 years. That of course assumes that the bank is the biggest creditor, if its a supplier then a bit of coercian might secure their agreement.
You would be surprised what say 20 people putting in £100k could achieve which doesn't actually sound that much on paper or err LCD. Many buy outs actually have very little cash changing hands but security being offered to banks and repayment of debt through profits etc. Not much different to the Man U deal that the Glaziers pulled off really, although slightly smaller figures involved would be my guess
