I don't really have a problem with them taking legal action, even though it hurts the club. However, you'd have to think that they will need to be squeaky clean to go through with it, as any related dodgy stuff will come out in court.
The bigger issue that was alluded to in the SMH today, is how some of the players are going to fare once "I knew nothing", Phlemmo comes back to the club? Would not be surprised to see a few "either he goes or I go" ultimatums in our future. I imagine it wouldn't be hard for a player to break his contract citing 'irreconcilable differences' or something similar.
Not over yet by a long shot.
