There wasn't. The club would have been wound up and if no-one had noticed the club's articles of association had been changed Archer would have pocketed any money left over after the creditors had been paid.
I think the FL will have to re-appraise the figures for the 2014/15 season onwards as the 3 relegated side from the PL this season will now get a £23M parachute payment for their first season back in The Championship.
So now several clubs are opposed to the idea of being fined around £20M for buying promotion into the Premier League because they've decided to stick two fingers up to FFP ?