Whilst in the current process, the Court will stay any order it makes. So, the Court can (will) make the winding up order, but stay execution until the current process is complete. Should Wasps not pay its debts by next Wednesday, or fail to go in to administration, the petitioner would come back and have that stay removed. Probably HMRC turning up the heat. It is preferable not to have that made on Monday, so Wasps now have less time. Remember, Wasps can only go in to administration (in the current circumstances if a buyer has agreed to stump up the money already, but all that is needed is time). So, if a buyer is at that point by Sunday, they would likely have to directly fund the payment on Monday to stave off that creditor. Personally, I don't see it happening. It is all too late and hurried.
Makes me wonder if CCFC will be able to play their game next Wednesday evening?