Your opinion is massively oversimplified.
For example the club lost vastly more money under Eddie Davies (he had to write off £200m) he didn't do anything illegal either.
If we simply judged on your criteria as you've - although we went on to have players such as Okocha and Anelka and played in Europe twice, Eddie Davies ran the club disastrously (let alone poorly) - which he did. Fact.
Gartside may have been his 'naughty boy'.
This opinion is based on facts too.
Can't you see you need to look deeper than just the headline to begin to understand the bigger picture?
If Anderson had chucked in £200m of his own money into the club you and everyone else would think he was a marvellous owner wouldn't you? Just like Eddie is generally seen as.
The only difference between your opinion of Anderson now and your opinion if he had put in a chunk of his personal wealth would be something not directly related to running a company.
Companies run on the difference between how much they spend and how much they bring in - not how much the owner puts in of his own money.
Big fat fact with a cherry on the top.