It is a vicious circle though, to survive in the top league you have to spend stupid amounts of money otherwise you may as well just accept relegation. You may survive for a season or 2 if you are lucky and well managed but history shows that the table usually ends up in order of money spent.
Coleman sacked and we've been bought out by a consortium led by the chairman of Eastleigh football club
Strange they're getting taken over by a consortium led by the owner of Eastleigh Town FC. I mean is it positive as Ellis is gone or is it more bad news? Coleman gone is no surprise. Not given the tools to improve but also think he's started believing his own hype when he took the job. Damaged his standings.
Some are saying that Ellis only wiped out the debt he was owed and not the bank loan part. If this were true then the interest is meant to be quite hefty.