Maybe. He's a (comparatively) rich man though. I just don't buy that someone who's done as well as him is as naive as he's painting himself out to be. Seems like he's buying time and there's got to be something in it for him.
It was clear with the 'TTA'... Land/property was the aim. I assumed, given there was no property with Abdallah's purchase, his aim was to buy players cheap and sell for more (seemed logical and signings supported it). If that was the plan, he's not even following that through which makes me think there's an ulterior motive. What's in it for him?