Sadly this story doesn't surprise me, by as has been already pointed out, it a couple of years too late for Rafa.
I don't wish to take the thread off topic, and without any certainty, i paint this picture purely on what i've read and how i've interpreted it.
I've recently read the book "Red Men" by John Williams, and vastly knowledgeable he is - and a thoroughly useful read it is, he does however blame a lot of our failure upon Rafa with only small references to the ownership situation, i got the distinct impression he was never a fan of Rafa.
I find that difficult to stomach, considering he, for me, has been the closest we've had the pleasure of watching since Dalglish and Fagan, back in the 80's.