You could be right but, logically, if current and future stars are attracted to clubs outside the PL, if Harland, Rodri and Foden go to Madrid, Saka and Rice go to Paris, Van Dick and Arnold go to Barca etc, the TV money will soon start to go down and that multiplier will be a multiple of less and less.
As for improving facilities or even building a new ground, why bother?
English success in Europe will diminish year on year and the PL will go the way of the championship.
That might be what the ultimate aim is but it’ll come as a bit of a surprise to a few and I wouldn’t be at all surprised if a few owners decide to cash in sooner rather than later.