Disagree.That is why companies have a range of sponsors and a range of revenue streams. The idea is to protect yourself from unforeseen circumstances. We didn't do that because the USM sponsorships were not genuine. They were just a way of Usmanov pumping money into the club.
Companies sponsor high-profile sports teams to improve brand recognition. USM was a holding company that gained absolutely nothing from sponsoring Everton.
It is very telling that Arsenal's board did everything they could to prevent Usmanov-Moshiri from gaining a seat on the board and refused to sell their shares to them. We turned a blind eye and paid the price.
Prove what you have just written.
No other club in the league will have backup sponsorships in case a war breaks out. The idea behind sponsorships is that someone wants to be on your shirt/plastered over your stadium/ etc. Nobody’s get these sponsorships and then continues in case something happens. Yes, clubs will have a few sponsors but none to the extend that you are saying.