In the past four years two out of the three promoted teams have been receiving parachute payments. The £44m first parachute payment is more than double the average revenue of non-parachute teams.
Even the plucky single non-parachute teams that sneak into the Premier League every season are not what they seem. Sheff United's promotion campaign saw them lose over £400k a week in 2018/19. In 2019/20 Leeds lost £62m (up from £21m the previous season) and that was only partly do with covid. Oft-touted Brentford lost £17m over the two seasons leading to their promotion, but that would have been £44m without player sales. Forest were spending 202% of their revenue on players' wages and would have been nailed by the EFL's sustainability rules had they not got promoted. Luton also spent over 100% of their revenue on players wages which again included player sales.
At the other end of the division a Championship club has been subject to a points deduction in the last five successive seasons.
The Championship is a place I would like County to be but only if we spent within our means. It is far more sustainable for Mark Stott to be a benevolent owner in L1 and L2. It is dangerous and statistically pointless for him to run us at anything other than break even when in the Championship.