So do you or do you not deny that the Roman church was a corrupt political oligarchy at the time of The Reformation?
Formulated the way you have, presuming you are referring to the Catholic Church, there’s no need to deny it. It’s false.
I deny the question has any more bearing on the rectitude of the reformers actions than David's anointing had on reign of Saul.
Adam, Karl; Roots of the Reformation, Coming HOme Resources, Zanesville, Ohio, 2000 - but from lectures given in 1947.
Short answer: There was a LOT of corruption going on.