It's reported here in the Far East that Hicks has approved the sale to Lin for 476m pounds. No idea how true any of this is, but it seems clear that Hicks is still working hard at screwing everyone over - like we didn't expect that. Point is, that as long as the board make-up is inviolate, Lin's bid cannot be approved.
Again, saying you will make a bid and actually making it are different things, so I would beware what is mentioned in the press, as it is certainly of less substance than reality. If he wanted to buy the club he would have upped his bid earlier than today, but you can bet Hicks will say there was more interest in the club than Broughton let on.