You are both wrong.
The TFG deal if not repaid makes Moshiri give ALL his shares to TFG, not just 51 percent.
A significant change to the original deal WITH MSP.
In which case they will surely just wait it out for as long as they can, until someone comes in with a serious offer or they ultimately get the whole thing (and the associated debt) for comparatively little.
It still baffles me how someone like Moshiri, who was alleged to be such an amazing accountant and ended up with a £1.7B fortune, has made such a mess of this. A great example of 'who he knew' not 'what he knew' at the right time of his life, I guess.