That's a fair enough interpretation mate, although it's all based upon the idea that Delph will be happy to be a bit part player. What if he's deluded himself that he can play regularly and be an integral part of a title challenging side for example?
Richards was talking about the lure of playing CL football for Delph recently. If Delph did come, can any of us see him getting a single minute of CL football?
I also genuinely worry about the harm this move could do to his England chances, and the flak we'd get for it. He's been starting for England recently, if that changes because he's not getting playing time here, then he'll be held up as another example to deter genuinely talented English youngsters from signing for us in future - 'look do you want to be just another quota signing for City?' Etc etc.
It would be genuinely terrible for us to get that reputation. Not to mention for young academy lads who'd be wary of falling into that no-man's land when they're considering putting pen to paper for new contracts.