I suppose I should clarify the reason for the post I just made.
The RFU, pundits, fans keep referring to money pumped in to a club as an 'investment'.
It is not. It is a folly of a rich or semi rich person, or persons. A whim, or whimsy.
Whether consciously or sub consciously, that person or those persons know that money spent is money 'lost'.
But, for as long as clubs, the RFU, and others, expect to see the current model as an 'investment', they will always struggle to find willing donors. By virtue of the way these people came by their money, they are generally not the type of people to then give it away so freely.
So, I argue that the 'model' is both flawed and broken. Clubs will continue to go under as their particular donor loses interest in their folly. Moreover, the insistence of yet higher standards (the grounds, squad sizes, salaries). The ring fencing of leagues (removal of meritocracy), makes those follies less attractive.