Correct. And you can't take them much further than the Champions League final. Therein lies the problem, by the way - their shiny new stadium was built on the assumption of regular Champions League appearances. That's starting to look a lot less likely just now, leaving them with a bit of a hole in their repayments. It's a totally arse-about-face approach, of course; but there it is, and somebody has had to take the fall.