According to Richard Fleming on the YP podcast, KPMG did have dialogue with the 
FL
Has the exceptional circumstance ever been applied? No
 Are LUFC an exceptional circumstance? No
Can you advise how LUFC could become an exceptional circumstance ? No
He also said that with no solution in sight the sale of players to fund 
administration was not possible because the players were well advised and knew 
that if they refused to move they would become free agents in a matter of weeks 
- which is nice and obviously my fault too
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