Now give us a table of what those teams have brought in.
Using Transfermarkt so some numbers may be a bit off but they are normally at least close to being correct.
Burnley- £10m, parachute payments
Leeds- £115m, parachute payments
Coventry- £0, made big money last summer and will make a load more if/when Gyokores and Hamer move club
Hull- £40m
Boro- £0, made a massive transfer profit in last 2 seasons
Bristol City- £0, made a huge sale last summer
Norwich- £20m
Sheffield United- £27m, parachute payments
Stoke- £0
QPR- £2.5m
Swansea- £3.5m
Blackburn- £2.5m, big sale in January
Oxford- £0
Derby- £0
Millwall- £0
Sheff Wed- £0
Pompey- £0
PNE- £0
WBA- £4m
Cardiff- £1m
Watford- £12m, Asprilla will leave for £20m+ soon as well
Luton- £11m, parachute payments
Sunderland- £0
Plymouth- £0
Only non parachute payment club to spend serious money without making a profit in the last few seasons is Coventry.