From AFR,
If Ten is unable to work out a deal for a new loan and is unable to pay back the loan to the CBA, its trio of billionaires may have the right to appoint a receiver.
Sources said at least one of the trio is cool on the idea of guaranteeing a loan again. Mr Packer is rumoured to have been looking to sell his stake in Ten, home of Masterchef and The Biggest Loser.