Business acumen is one thing but running a football club is another and right now Knight made a much better fist of things despite modest resources.
It's nothing short of a disgrace how the club have frittered away all the good feeling and feel good vibe of the new stadium. We may never have that buzz again and it will take a big turnaround for season ticket sales not to drop under 15k.
Knight made fantastic decisions for the club e.g. Martin Perry Vs Paul Barber. If things were going wrong he would come out and talk to fans, he certainly wouldn't have made **** up's like releasing the press release to sack Poyet the same time as he was live on BBC during the Copa America.
The appointment of Barber on a vast salary not forget has robbed the club of it's spirit, hence Knight's comments about Albion in the Community. The club has been heading for a car crash ever since Barber was appointed.
He was guilty of being too loyal to staff already at the club such as the examples you made, but his other managerial appointments were excellent.
Adams, Taylor, Coppel, McGhee & Slade all had success or made a positive impact.
I don't know but how many of those were when Bloom was backing the club and how much influence did he have on those appointments, particularly McGhee and Slade.