The only way this would be remotely under consideration if the terms of the fair godmothers deal was such:
1. Win the league this season.
2. Get relegated the next due to circumstances outside the clubs control, i.e. - coach crash that puts most of the squad out for the rest of the season with injuries and no way to replenish.
3. Easily win the Championship, and FA Cup to boot.
4. Win the Prem 5 times in a row for the next 5 seasons.
Only then would that fairy have me considering putting pen to paper on that deal - and even then, I'd be questioning her motivation for offering it, and be wondering who else she's offering this deal to.