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The move would help EMI to pay down some of the mammoth debts it was saddled with after Terra Firma's highly-leveraged 2007 takeover.
He is also looking for relief from his nation's mammoth debts, which is a major purpose of his coming German trip.
Two years ago Hornby suffered serious supply chain problems after its Chinese supplier, Sanda Kan, was hit by the cost of the mammoth debts it had accrued following its takeover by an American venture capital outfit.
The company also announced this morning that it has sold its South African outdoor advertising business as part of its drive to raise cash to help pay down its mammoth debts.
At the end of a bruising seven months of negotiations with Greece's international lenders that nearly resulted in the country defaulting on its mammoth debts and crashing out of the euro, Tsipras was eventually forced to sign up to a rescue package that many in his party view as an unforgivable U-turn.
Under Germany's leadership, the eurozone nations have insisted that Greece make rapid fiscal adjustments in order to pay off its mammoth debts in a timely fashion.
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On these shores Portsmouth dice with extinction, while Manchester United and Liverpool build mammoth debt mountains.
But investors and economists alike worry about the long-term effect of mammoth debt on the vitality of Europe and the United States.
Whatever the result, there are few who believe the deal will do anything to effectively make Greece's mammoth debt anywhere near viable.
The market's quick embrace of the latest effort to tackle Greece's mammoth debt burden and restore confidence in the Continent's banks reflected hope that this plan was broader and more robust than previous ones.
That mammoth debt, put Americans back to work, financed industrial production, underwrote a new generation of science and technology and created a wave of demand for consumer goods when the war ended.
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