https://staceywest.net/2021/09/22/de...in-league-one/
The lure of Premier League football has led plenty of clubs down the wrong path; Portsmouth are another fine example of the boom or bust mentality in the second tier. The Premier League money may be the saviour of many clubs, but it is the undoing of others. Make no mistake, had Derby beaten Aston Villa in the 2019 play-off final, it would be likely that the Villans, not the Rams, would be in this dire position...
Championship clubs were spending 107% of their revenue on wages, and that’s not easy. Why don’t you try spending 107% of your income on bills? Not possible without severe problems surfacing very quickly.