This is a good summary of the situation a lot of clubs have found themselves in with awful owners.
An extended metaphor I've been using is comparing this "crisis" to the 2008 financial crisis, wherein money was exceptionally cheap and bad banks lent bad money, started doing some second order bad things like credit default swaps and mortgage backed securities on the back of those first order bad mortgages and loans, and it wasn't any one precipitating event that brought the house of cards down, just a bubble that eventually had to burst.
These bad owners who use clubs to service their debts can blame COVID all they want, but look at the way the clubs operations and finances are actually run, it's all a huge mess.
And to suggest that a cabal of billionaires who would try and circumvent market regulations further and establish their own privately funded and managed league is somehow Marxist, rather than the very definition of a neoliberal (read: market isn't the problem, it's how we operate in it, and if we just tweak things socially or culturally or economically a little, we can still continue to extract profits endlessly) bandaid on an underregulated market is just WILD to me. DeacMan has long been one of our dumber posters, but this most recent take has to take the cake. Flabbergasting stuff.