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OLIVER HOLT: Man City's tainting is just a sign of an out-of-control Loadsamoney League - drunk on oil money - where greed is good... The PL must face up to its responsibilities and be saved from itself

There are those who still cling to the idea that English football has never had it so good.

They will say, even in the light of the 115 charges facing reigning champions Manchester City, that at a time when we have turned inwards in so many ways, the Premier League is Britain’s greatest export, that it is our shining light, our world leader.

They will say that amid all our woes and the sense of decline that besieges us, it is something to be proud of.

There are elements of truth in that.