I don't have your answer, LE14, and I know it is all terminology but I would point out that obviously this dormant company does not have an asset worth 9.05m. It has a debt/liability of 9.05m.
I thought ownership of the ground had been transferred to a subsidiary company which had in turn charged it as security (collateral) against a debt/liability. That would be known as a secured loan and the ground would need to be sold and the lender repaid in full before any other creditors could make a claim on any residue, usually caused by an increase in value.
The restructuring was done some time ago so I am not sure but I believe that when the ground was last valued, the Bank set up one secured loan for that value and then an unsecured loan for the remainder of the club debt for which PS had given a personal guarantee. The loans were to be in the name of different subsidiaries.
If I had to hazard a guess, I would say that if the company is going in to voluntary liquidation, the debt will be transferred to Scally as effectively he is liable for the amount anyway under his personal guarantee to the Bank. Either that or the 9.05m debt will be transferred to another subsidiary for which PS (or possibly a new owner?) will give another guarantee