I won't be surprised if their big picture is to restructure or reorganize the business model. Football operation (to them) need to be dropped because it will always represent huge expense in order to sustain profit, let alone the PR battle with very demanding rowdy and erratic clients (i.e., the fans). The stadium was built as a multi-purpose facility and can be transformed easily to suit the purpose,
Just like big corporates killing part of their operations or production lines to restructure and transform. Don't be surprised that ENIC's vision is to kill the football operation and focus on staging big events and promoting the area as a tourism destination in London. It begins with relegation.
I never realized the quote "There used to be a football club here". Looks like the day will come when this is actually a reality.