Exactly which part of what he said was a 'disgrace'? As I've read it and I can't see what all the pissing of pants is about tbh.
I think people are hacked off about the Arsenal comparison. Elstone mentioned the fact that they get £100 per season more now, from the stadium, than they did at Highbury. But they get 20,000 more people per game, because they had season ticket waiting lists, etc and they are based in London, so have more corporate opportunities and the naming rights of the stadium. So Elstone more or less said that we wouldn't make that kind of money because we don't have season ticket waiting lists and we are not based in London.
I think what Elstone was eluding to was that they need to get the naming rights secured, before they can move it forward, because no one really knows how much more we would make on a match day and from corporate. you could make an educated guess, based on other PL teams who have made a move to a new stadium, like Arsenal, Man City, Sunderland, etc, but their increased revenue has all been different, for different reasons.
No one should be writing off WHP yet, they haven't even released a design for it yet. When they do, that should bring the sponsors and investors. The challenge is getting that design right.