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If I was as rich as Bloom, or Steve Foster maybe, I wouldn't buy the club. It seems nothing but total ball-ache.

I'm not sure. But, I struggle to believe Bloom is willing to just let 200m go. Maybe he's willing to spunk a lesser sum and things like the hotel are a way to claw back some of the cash? Or he truly believes we will get to Prem and some of the crazy money from Sky will part-repay his outlay? Or...

Quite.

See above.

He might be the front for, or part of, a syndicate. Which involves none of what you suggest.

Is it his own cash though? I've always wondered if it is all his.