If the company is in dire financial straights, the nation could buy it. I believe £1 is the going rate.
If the taxpayer pays to keep it going and restore it to health, the taxpayer can float it back as a going concern. we might or might not make a profit, but it will save us the inconvenience of any profits disappearing over the horizon to a tax haven.
If he wants state support, he can ask Monaco.
Same with Virgin, Daily Wail, Torygraph, Murdoch empire etc.
No handout to tax-dodgers.