If we did get back to the Premier League, they can walk away and claim their tenure was a success, claim the Premier League money to pay off debts to them and then sell up in the belief that more people will be willing to buy a Premier League team.
I don’t think the “legal “issues”” will make any difference to them owning us, at the moment it’s only a civil case and not a legal case.
As far as their business collapsing, the VH group had an annual turnover last year over a billion pounds, so the money they put into “this pointless project” is insignificant in their company.