I think you're over complicating this, instead of using a 'qualified' definition of conspiracy lets just discard the word altogether.
It's quite simple, the powers that be in Scottish football are (unfortunately might I add) charged with maximising the commercial value of our game, NOT making it competitive and fair. This is fact, it is not a secret or some sort of establishment cover up.
The powers that be have neither the competence nor the innovation to determine an approach to maximise commercial value other than to have the OF two horse race back. Again, this is not a conspiracy, this is incompetence and laziness.