It's clear as day the Lewis family wants out, every year after season end there is this kind of talk, about seeking minority investors or about prospective full takeover bids. Right now the club is probably still at or near the peak of its valuation, being out of the CL a couple years doesn't at all affect our sizeable stadium revenue or fortuitous positioning when it comes to PSR. If the Lewis family holds out another 5-10 years I'd say the clubs value relative to the value of the pound will be far more likely to decrease than increase. Full takeovers very often start with a minor stake purchase, with the minor stakeholder upping their share over time until they hold a majority share. ENIC actually did it themselves, holding a minor stake initially in 1991 and slowly increasing it over the following decade to a majority stake.
As for the long term health of the club, I think a change would be good to be honest, I think part of a problem with ENIC and Levy is they likely base their risk-taking on the relative position of the club when they took over; we were shit, so for them if we're flirting with top 4 and having the odd cup run we should probably be grateful because we were bottom half more often than not in the 90s. Any new owner coming in has to compete with ENIC's performance, which despite their critics has delivered consistent top 6 football, one of the best stadiums in world football and state of the art training facilities. Really, there is nowhere left to go; any new owner simply must bring success on the pitch, or they will be deemed an unmitigated failure.
