Levy and ENIC see the football side of the club and the stadium as two different entities.
The football club is self sufficient, spends only what it makes. The stadium events such as NFL, music concerts and rugby amongst other things fund their property portfolio and other adventures. The stadium was only ever built for them to use that as a cash cow for their other ideas outside of football. They could just offset the loan debt against the football club.
They weren’t bothered about us winning Europa, they were just happy we qualified for the champions league. They’d swap that cup win for a 4th place finish every day of the week.
They’ll be licking their lips at the prospect of Bergvall, Udogie, Van de Ven being touted at £70-80m in a couple of years.
Smashed it mate.
Take a bow.