Just playing devils advocate here... is this the case, or is what they have done is run the club within the restaints of the revenue it generates. Like any other business would.
True they don’t care about the club and so are no longer willing to plough millions in because of that love , in the hope of promotion. But they get to a point where they think, right this hasn’t happened yet & we won’t be here for ever , time to cut our cloth
But in the same breath we forgive players for demanding ludicrous wages and moving on when a better deal isn’t offered , because they owe the clubs they play for nothing , and have short careers ?
Is the truth and reality that , unless you get an owner who is absolutely minted - Man City / Chelsea - or loves the club and is willing to fritter away money because of that love in the vain hope of something happening - Brighton / Blackpool / Wigan , then they have to cut their cloth according to the revenue they generate .... and we don’t genrate much!
I do think they missed a trick earlier in the ownership with not splashing a bit more cash , while in championship though. But they aren’t football people and didn’t listen to the football people they employed , so that would seem to be the main mistake they made.... there on in , I would say the council are the main puppets in our downfall, by screwing us financially along with their collusion to make sure we didn’t obtain the stadium that was built by and for this club.