A counterfactual argument regarding different owners is difficult. I am not really suggesting that we get rid of Levy and ENIC. We couldn't even if we wanted to.
I agree the balance has not been in our favour given the transfer fees and wages. But given the massive increase in equity in the club since ENIC took over we should be able to compete with our rivals and at least nick a trophy from time to time. Poch showed he could get a team to be title challengers, and to a Champions League final on a relative shoe string. Leicester showed you can win the league. Wigan won an FA cup. So right manager and investment at crucial times means it's possible to win a trophy. As @Finney Is Back put very eloquently in previous posts it is certainly partially down to the choices made by ENIC. We are talking about a club whose history was built on daring. We shouldn't forget that...
I appreciate it's frustrating that despite coming so close we always seem to come up short and often because of what appears to be a lack of investment at crucial times but i think what i have shown in the previous post and what the reality of the situation is, is that other owners running us within our means wouldn't have had us faring any better and in all likelihood wouldn't even have had us in the position to come up short in the first place (no club not part of that group has won more than 1 trophy, for us to expect different owners to have done better then we need to have seen other clubs winning multiple trophies, despite the financial handicap)
What's important is how we move forward now we have the stadium completed and should benefit from the revenue it brings - this puts us on a level with that group at the top, so gives us reason to have similar expectations to them. If in 5 years time we don't have trophies under our belt I'd be amazed.
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