I guess you have to choose where the line is. Want the club to be owned by Jimmy Saville? I'm guessing no.
It's only billionaires that are going to buy a club like Spurs from Enic. We are owned by a billionaire. They are all going to sit on a sliding scale of scumbag, seems to be a big part of being stupidly rich. I'm pretty sure our owner is less scummy than the Saudi regime. But that doesn't mean he's not a scumbag in his own way, and you probably don't have to search very hard to find something shitty Joe Lewis has done when it comes to money. But going back to the start, it's choosing where the line is. That's up to each individual.
Football is now owned, lock stock and barrel, by rich, corrupt arseholes. Even if your club isn't, it belongs to a league that is run by these people, the same with the federations of UEFA and FIFA. I don't think you can decide our/your club is somehow separate from all this, just because the owner is less of a scumbag than some of the other owners.
So if you accept that the club is going to be owned by some billionaire scumbag of some kind, and that the game is run by these people regardless, then ask yourself who, as a fan, do you cheer on? It's not the owner. It's the players and the manager and the club as it used to exist when it was rooted in local community. And as a fan cheering on players, it's not unreasonable to be excited to cheer for better players to represent your team, than worse players under an owner like Mike Ashley, who didn't give a single fuck about the club or the fans beyond his own pocket.
Frankly, if people are that disgusted with these types of owners, they'd jack the whole game in because there is no getting away from it. And yet here we are, we know it's all wrong, we know City/Chelsea/PSG are bullshit, and we are still here. And we want money from these clubs ("sell Kane for £150m!") and then want to spend that money to get better players, we won't give it to charity. We still want to beat these clubs and play in the same competitions as them, we don't want to withdraw because we have a higher moral standard. And Joe Lewis doesn't "do things the right way" to make anybody feel better, he does things his way because it suits his pocket, which is what matters to him. Same as Mike Ashley did at Newcastle.
Damned if you do, damned if you don't. The game, or any sense of morality within it, died a long time ago. Which is why I didn't really understand all the fury at the ESL. For me it was like "NOW you want to be angry?" The time has passed. And I feel the same about the people who own the clubs now. If some rich tyrant owned Spurs, I'd enjoy watching the team stacked with great players and I'd think the owner was a horrible cunt. For me, it wouldn't be much less hollow than the ENIC pretense of doing things 'the right way.'