I'm not sure I'm buying that mind. The blokes involved in FPP are billionaires. They'd have had no interest in buying us and selling us in the championship for, I dunno, £20m profit (buy for £25m, sell for £45m in the league above). What use would they have for £20m split 3 ways? Now, even a billionaire would be tempted by, say, buying for £25m, getting to the prem and potentially selling for £300m. If you've invested sensibly and well in the squad and it costs you £100m to do it, you're still making a very sizable profit.
So basically it only ever made sense if they were looking to buy us and take us back to the PL. And if they were going to do that, they'd need to invest. And if they did it, no one would have had an issue with them. I can't believe for a second that they were going to try and flip us quickly like Donald did.