If Qatar buy us, we are cool with it, then Dubai buys lets say Liverpool and then we complain about that then yes we would be hypocrites. What many are doing though is not the case.
Let's give my side of things. When I was old enough to actually choose to support United we were the big spenders in the UK and the paupers outside of it. We could buy anyone in the EPL and yet we would fail to match a Fiorentina's player salary (Fiorentina were mid table/relegation Serie A side). That would not be an issue for someone who lived in the UK but it wasn't cool in Malta were half of the island support Italian clubs. Slowly we became the financial juggernaut we are today and then Sky came in to buy us. At the time Sky was seen as a cataclysmic game changer as if all ME nations had joined in to buy United. Many complained about competition issues and Murdock using United to push his politics and the deal went tits up.
That would be fair enough up if things remained like that. Which wasn't the case. Suddenly worse owners started buying clubs. These people were loaded and were turning shit clubs like Chelsea into powerhouses. Guess what? There was barely a whimper. Then Abu Dhabi bought City. Once again, they turned a club who was struggling to be competitive having even spent time at lower divisions into a powerhouse. Once again you barely heard anyone complaining about it let alone trying to stop it. But that's not all. United were bought by absolute leeches who saddled us with mountains of debt. There was no one to fight at our corner. To be more precise they actually laughed at us, claiming that the Glazers had actually spent money the team, even though it was a fragment of our money in the first place (the rest was spent on dividends and servicing their own debt)
To conclude I am against state ownership but first UEFA/FA must ban all oligarchs/states from owning (not just buying) football clubs. Until that happens, don't ask my club to keep on competing to this race with a broken foot. I'd respect genuine United fans (not superior/inferior we're not in some Nazi program) like yourself who share different views but I refuse to give credit to some idiot whose trying to teach me morals while he's contributing in making a pseudo Putin and a Saudi investor richer.