You can't win promotion to the Premier League and then spend what Burnley have, it just doesn't compute really. Shame for them.
Doesn't compute? Teams that spend to stay up general lose loads and loads of money in the end trying to stay up and most go back down anyway. Buying players who all want premier league wages reducing any profit to almost nothing.
Think about how teams leave the championship, you can be almost debt free with a wage bill of say 3-20mil(with the odd mentalists like QPR or other relegated teams with wage bills above 60mil). You move up to the premier league and your revenue jumps from say 5-30mil up to around the 100mil mark with pretty much 50mil+ of tv money, increased sponsorship deals, increased ticket prices. If you didn't increases costs at all you'd rake in 40-50mil of profit.
That is the key point, if you don't increase costs you can make a 40mil profit....... doesn't compute why a team wouldn't spend? A promoted team with the lowest increase in costs can become the most profitable team in the premiership. Okay lets say you get relegated, you have 40-50mil in your pocket, drop down, you don't have huge transfer spend to deal with, you don't have premier league wages on the players you didn't sign so you're right back to your normal championship income and spending but with 40mil in the bank to secure the future of the club.
A team that yoyo's between championship/premier league, with the parachute payments as well, could end up the most profitable team in England. Hell, if you could manage that over a few years, you could end up with enough to build a new stadium or have the funds in place for a genuine run and attempt to become a long term premiership team.
Swansea have been in the top 3 or 4 premiership teams for profit since they got promoted and I forget who it was, may have been Burnley last time, or Wolves maybe, ended up with a tiny wage bill, large profits and went down with a huge amount of cash (for a now championship club). There are also owners who would just happily pocket 40mil every few years, not a bad business that. With the tv money increasing so drastically and the gap between prem/championship being bigger than ever there is even more reason to treat a year in the premiership as a financial cash cow rather than really attempting to stay up.
