Yes.
I can see why we signed up, it was because of the 75% voting thing in the PL, if we didn't, and it went ahead and was successful, we were on the losing side financially. By being on the inside, the other PL clubs couldn't force all 6 clubs out, as they didn't have enough votes, so it was better to be in, as we retained the PL, and replaced the CL with the SL.
We then realised by pulling out, we screwed the others in the PL as they (assuming we voted with the other PL sides) didn't have enough votes with 5 to make 75%, and they could have been kicked out, and if the SL failed they were done for, hence we all pulled out quickly.
Whatever happens from here, City wanted more influence, either with UEFA, or any other thing that comes along. I'm not sure we have achieved that either, perhaps we have with UEFA's president, but not with the ECA, and in the PL by even agreeing to join, we have lost any trust with the other 14 clubs, and the other 5 are enemies anyway.