I see Lai in a different light. He bought the Club as a ‘decent Championship promotion candidate’ expecting a quickish turnaround sale and profit, being sold as a Premier League Club.
His absence of English football knowledge was evident and he was therefore totally reliant upon the executive, particularly Dowling.
The departure of the latter is a positive move and undoubtedly a major rebuild is necessary.
Lai’s expected profit is now replaced by damage mitigation in an endeavour to recoup as much of his initial investment as possible. Potential buyers are now scarce!
It is indeed a mess, but I would prefer the rebuild to be without Dowling.