May well be something in that, I mean if the true source of the funding is per the allegations, spending £1.5b to get a clean return of £900m+ is possibly money well spent in some circles…..
Ultimately i think that it mate, i think the stake for both in Arsenal and Everton gave them massive investment exposure, legitimacy and profile.
Money or losses to my mind wasnt the issue.
My take would be this:
We had huge scope in Profit and sustainability to invest. They were prepared to that. After that initial financial jolt, you bring the club to the max of the Profit and sustainability threshold. When the limit comes on the idea is you have acquired so many players with a high value that you player trade to stay within limits and create funds. We know that didnt happen.
Two things happned that further hammer blowed us - one was Covid, it depressed the footballing economy and we couldnt player trade really, but had to invest due to the investment being jepordy. Covid was horrifci for us and absolutley unforseen.
The second was the war Ukraine, essentially our access to funds stopped and our investors are looking for an out, in the middle of a big capital investment project. Ive no doubt we wouldn't need the MSP deal nor the market funding for the remaining £350 mill maye if the war in Ukraine hadnt happened. Its essentially taken Usminov and Moshiri out.
Ultimately neither had a plan but to throw money at it and its wasn't an issue - but regulation and covid torpedoed them one and Ukraine finished them and us off.