There's no doubt the ENIC project is based around the idea of fattening the asset value of the club's shares. The stadium is the crown jewel, but winning, to a point, is a necessary element of that as well. It's not a coincidence the expectation level has always been 4th place, the financial implications of that line are immense.I am of the same opinion asFightingIllini . I don’t want to speak on his behalf, but the entire ENIC project feels like it was the building and delivery of an incredible footballing asset, namely the stadium.
There was a long earlier period where robust trading in players and a not insignificant degree of net investment in doing so was part of the strategy. Levy believed he could outsmart the transfer market, and in the much lower priced and less strategically sophisticated 00's he generally more or less could.
But in general the Levy theory is that club leadership and management is more important to success than player expenditure, and as Levy has lost his confidence and feel for player dealings, that has curdled into our current farce.
That's absolutely what Levy and Lewis believe. It's arguably true, you could make a compelling case for it.The fact is that we are no longer in an era where a good, honest club can compete over time because the league is a kind of monopoly.
But precisely because that's what Levy and Lewis believe, it's time for them to sell to someone who believes differently.
ENIC are of course entitled to hold out for their price. We know how Levy is about that, and this would be the deal of his lifetime, it's not going to be done lightly.
But supporters are absolutely 100% justified in pressuring that process, and to show neither appreciation nor patience for ownership that doesn't believe in the club or their own project running it any longer.