It doesn't sound far-fetched at all. The only problem would be that such a proposal would have to be adopted within a season, say December. If it were to be adopted for the following season then half the clubs would vote against in case they were the wrong side of the divide. The problem would...
That's an urban myth. The idea of the takeover was a means of promoting football within India, the owners had been following football for a while so would certainly have noticed clubs being relegated. Even if they hadn't known; this was a £43m deal, do you really think there'd have been no due...
Can you give an example of a US owner who has campaigned for this? The only person I can remember suggesting this was Phil Gartside (representing a UK owner)