It seems like you don't even know that! You seem to be speculating based on a short observation and possibly some discussion with someone who also is not knowledgeable about the situation.
There is another thread on TTOL where this was discussed (to which I also replied). It was also posted on Facebook earlier this week.
The Copropriété de la Baie Orientale (commonly known as "Club Orient") now has a court-appointed Administrator who is tasked with getting the Copropriété back operating smoothly. He also has the authority and obligation to respond to formal requests and orders such as that from the Prefecture regarding cleaning up areas of the property that are deemed to be dangerous. It is clear to anyone who has been there or seen photographs that Papagayo is slowly falling into the water and the rubble from the nearby chalets is also dangerous to beachgoers, especially those who trespass on the property.
Club Orient is a French Copropriété that owns the land. The Administrator does not have the authority to sell the property but, aside from that, has fairly wide-ranging authority to meet his mandate.
Any official news about the site will be posted on the ClubOrient.com website and the corresponding Facebook group. Neither has been updated in over 3 years but the information there is still valid (as far as I could tell).
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