This to me being the key portion:
My guess would be that was exactly what the business plan was. I'd say also, with the new money and what other clubs are selling for, the club would likely fetch more than they paid for it at this point and I'd also guess that the percentage value of the cash they personally put in will be higher than the true percentage that they put in.
Philip, this isn't a dig, or anything like that, I just truly think you'd be interested: If you want some good insight on how to buy a sports franchise and get a good ownership stake without putting in a lot of money, read The Hustlers Handbook and Veeck as in Wreck, both by former baseball owner Bill Veeck. They are a bit older, but still very fascinating on the art of buying and running a sports franchise.