Mr. Honig says he's good for that much money, between his consortium of investors and bonds.
His consortium, Retail Acquisitions, is estimated to have been paid at least £17m by BHS.
The members of his consortium have little interest in the music business.
His consortium is supported by labor unions, Rover dealers and the British government.
Mr. Cogsville said his consortium was unwilling to raise its offer to meet the seller's demands.
Mr. Alboini created his consortium of RIM investors through contacts and, in some cases, by cold-calling investors.
"We are therefore withdrawing completely from the process to enable Charles Green and his consortium to move forward.
Chappell also claimed that Green "genuinely believed" that his consortium, Retail Acquisition, would fail in its attempt to save BHS.
While Mr. Fritsch and his consortium made an early offer for part of the company, their current status in the auction is unknown.
On May 12 , 2009 Mr. O'Farrell wrote an e-mail to other members of his consortium that said: "On the information leaked so far, we are looking good.
He joined a consortium to bid for the UK satellite franchise (what later became BSB), and was rejected; likewise, his consortium to bid for Channel 5 was rejected.
