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It has changed a few times over the years, it was 4 years the first time we went up, diminishing year on year, then the second time we went up we only got 2 years.
It really is quite telling though that from 12/13 onwards we had 8 consecutive seasons in which we received premier league money in one way or another, but we ended up being significantly weaker following those 8 seasons than we were beforehand
I also think that it's not easy to shift out some high wage earners, stopping you being able to bring in some players you'd like. There'll be some dead wood in a relegated side that you've either got to pay off or hope they do something for you in the lower division.