http://www.statto.com/football/stats/england/all-time-table Just found this table (on the Cardiff Board), which is an all-time table of teams who have ever played in the Football League and Premier League since both of their inceptions. I was surprised to be honest...
Actually I can relate to that table as Preston, Wolves and Burnley were huge teams when I first started going to City, all had international players in their squads and in those 3 teams many who played for England. Blackburn and Sheffield Wednesday were other big teams with England players until Sheffield Wednesdays England players were banned for life for taking bribes I believe. Liverpool were 2nd division, until Bill Shankly arrived that is.
Yo yo teams will always feature quite highly in a table like this To the OP - what are you surprised at? You failed to say
Just at teams, like Dutch said, such as Everton, are below teams like Wolves and Sheff Utd. I thought L**ds would be higher despite their recent history as well. I thought Spurs would've been higher than they are And I expected us to be above Grimsby FFS...