I mean let’s be very candid, that’s all a bit hipster coming from the likes of us Yanks. We weren’t wading through blood and piss in the away stand at Ayresome Park watching pasty local duffers muck about in a bog in the penalty area. Us even being here is a product of the PL vision, which is 1000% compatible with the health and viability of the whole pyramid.The tragedy was when the English football pyramid separated. In February 1992. Everything in the 30 years since has merely been the wake before the funeral.
Football died when the Premier League was founded.
Probably a good and accurate assessment of how things might play out, but it’s not hard to see how an outcome like that might leave the likes of Celtic or Villa or whoever in a better position to dominate than us.The bank securing the current loans would basically become the LLDC, they'd be holding an albatross with no other recourse than to restructure the terms to something that financially feasible for a tenant.
Now, they may foreclose on the stadium, take it over in any restructure, then lease it back to the club. But they wouldn't be likely to displace the club - the only way the bank could ever hope to get its money back would be to keep football in the stadium.
A post-apocalyptic football under any scenario though.