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I have no particular insight but it has always seemed to me that the lines between the clubs they own are so blurred that none of the individual clubs can go bust unless they all go bust because the whole sorry mess unravels. This may be a byproduct or a goal in itself but I think Watford may...

Norwich are a yo-yo club and have approached their promotion knowing this. They didn't overstretch themselves so will stay ina good position in the championship and re-challenge immediately (and will be back in 2/3 seasons with a slightly better chance of staying). B'muff are in financial dire...