Sorry, but the bloke's primarily a mega-successful businessman, so far as we can tell. Very much doubt 'a labour of love' would be allowed to continue for very long in the face of such annual losses. PB's bleating's and references to the owner picking up the tab are WAY more strident than they ever were before. Lack of promotion is patently starting to HURT.
Not saying they necessarily have to be successful, they just have to help cover the tab. Tho with a smart manager (eg. CH) given adequate time and resources, there's no reason why it shouldn't work. I dare say TB would like to have total control. But then again, so would DK.
I think PB's 'bleatings' are due to the Albion (based on my calculations) making losses close to £20 million* last year, compared to £10 millon the previous season.
Whether people accept it or not we did 'Go Large' by making a number of million pound plus signings in BFG, Hemed, Manu, Skalak, Knockaert, AND turning down Fulham's bid for Dunk (whilst giving him a whopping pay rise).
As for the foreign investors helping cover the tab, how long before they lose interest (Venkys at Blackburn, Numerous owners at Pompey, Leeds, Forest etc.). Tony Bloom will be an Albion fan to the day he dies, just like you and I, these Johnny Foreigners will forget us as quickly as we forget those holiday romances with Big Doris from Southend when we were on vacation many years back.
*Own estimates, no information received from the club on this