"The Championship is a scene of carnage with clubs pursuing the Holy Grail of promotion, losing between £5million and £10million a year and a third of them spending over 100 per cent of turnover on wages. That’s why the Championship are looking to bring in financial fair play rules. Crowds are down, sponsorship levels are down and clubs are suffering on corporate hospitality as well, down by 20-30 per cent in certain areas, but if you are successful on the pitch you will be successful off the pitch."There's historically been a silver lining of sorts in following a club that gets relegated, because it means you're likely to have a season with significantly more victories than the previous one -- and those victories don't feel hollowed out because they take place in a lower league. As a follower of a club that has bounced between the first and second tier throughout its history, I'm able to appreciate how it's nice to have Manchester United show up at your place so that you can tell Wayne Rooney exactly how he's rubbish, but it's not so nice to go home after a 4-0 tonking. Conversely, it may not be the pleasantest away trip to Coventry, but it doesn't feel half as bad if you're celebrating a win on the train home.
One thing that does happen is that relegated sides get the so-called 'parachute payment' to ease the transition into lower earnings, though sometimes that's not enough to counter the combination of lost revenue and players on big contracts, hence the occasional free-fall of former giants down the divisions.
posted by Abiezer at 10:09 PM on March 30, 2012