Hugh Effo,
Thanks for your update. What is worth remembering is the law of unexpected consequences, and if the Sale falls through for whatever reason and MOL thinks that he can just pick up all the pieces and put "humpty " together again, he may be in for a shock.
Firstly, and probably lastly, if starting from afresh as opposed to inheriting, he would have to convince all the authorities that he was a " fit and proper " person to hold a UK AOC ........need one say more ?