The cleanest reading of this is that the club made a bad decision, admitted it, and then had very little left to argue. That part is straightforward. What is less straightforward is how much damage follows, because once a club gets labelled in this way people start attaching every possible consequence to it and suddenly the story becomes bigger than the original issue and everyone is talking about collapse, sponsorship, bans, lawsuits, and all sorts of disaster scenarios before the dust has even settled