Last word from me on this until I see what is actually approved by the PL, but I suppose this is where we differ.
You see the PL as 20 different businesses but then ascribe to them three things they want as a collective.
I see the PL as 20 different companies in at least three groupings each with their own objectives and interests, but not only that, I also see an executive (CEO and Chairman) whose responsibility it is to take decisions in the wider interest and whose job it is to propose them to the shareholders for ratification in general meeting.
I have worked in such an unwieldly structure and it is vital that you have a strong executive, otherwise it degenerates into a big, political mess with deals between the various groupings in the interests of the most powerful, not in the interest of the company as an entity in itself. The only way Luton has a voice, if you will, is if a strong executive forces the others to listen. If not, they just have to go along with the most powerful in return for some breadcrumbs.
This is where the weak Masters has taken us, imo. He needs to be stronger, or preferably, his replacement does.
Then I may believe that the changes they are rumoured (and they are only rumours, again I am suspicious of the source) to be considering are for the greater good, and not just for the benefit of the few.
For what it's worth, I don't think for a minute these changes will be about stopping City. We are pretty much past that now. I do think other clubs will be feeling it, though, one way or the other.