Mad Jock, BFC are setting up the flight training school in the old SFT premesis, they are not resurrecting SFT. The SFT students who unfortunately lost money with the company, have no grounds for recompense with BFC. This doesn't help you any the more, I'm sorry and i wouldn't wish the situation on anyone, but BFC is a completely separate entity to SFT.
Having visited the BFC today, they are looking forward to starting the first groundschool course on May 20th and I wish them great success. The knowledge and experience backing this venture is immense. I would recommend anyone considering starting a career in commercial aviation pay a visit to Bournemouth and see what they have to offer!