The interesting point for me is the land grab. Pretty much every club constitution will have a clause about what happens to the club's assets if the club is wound up - generally, they are to be used in the local community etc
I suppose a lawyer would point out that the club is not actually winding up - it's clear they think that clubs will continue but my experience with clubs is that if they tried this approach, any goodwill will be shot. It's literally a form of nationalisation of assets.