The IP would be one of the assets the administrators would want to realise cash on.
But they've just been stripped of the IP by Sky, so there's nothing to realise.
It was a stupid idea from the start anyway. Nowhere near enough buttons for probably the majority of games, there are Speccy emulators out in the wild already and it probably would have been cheaper to get a custom case 3D-printed for a Raspberry Pi and bolt a screen onto the front of it.
I don't understand some of the things people invest in on those crowdfunding sites. I've seen so many completely boneheaded ideas that will obviously never work from even a cursory glance and yet people throw money at them. I can understand chucking a small amount of cash at something you hope gets made, but I've seen so many fully-funded campaigns flounder, followed by the inevitable radio silence from the producers, empty anger from the backers and complete and utter fucking apathy from the thieving bastards running the sites.