I agree but they have got an extra £16M a year to play with!
I also think that more and more "they" will be savvy to the fact that relegation could prove financial ruin and set themselves up with as much as contingency as possible. After all we've had trumpeted to us I'd be shocked if we went...
Except there's still the parachute teams to compete with which could be nearly half the league.
Not sure how much I buy the argument that teams coming down struggle with higher wage bills. To some extent obviously, but if they manage it properly they will be able to sell or loan a decent...