I’ve always thought there were holes in the plan, even under Vichai. The fact is, King Power are not knowledgeable football people and they don’t surround themselves with people who are. There were signs they didn’t care about the fans, didn’t know how to scout a manager, spent too much money on gambles, etc. But they got some big decisions right that mitigated the mistakes.
But things have been unravelling in double quick time since early in Top’s reign. And the difference is, I suspect, Top doesn’t care enough about his own reputation to put in effort and make decisions. Vichai did things wrong, but he made decisions.
So, King Power were never the heroes everyone made them out to be. They had quite a bit of luck. But Top is clearly so, so bad at what he does that of course we can trace the decline back to him. It takes a special kind of shite to run things this badly.