In the last four seasons stretching back to the 2020-21 season, seven of the 12 promoted sides have immediately been relegated back to the Championship.
The clear exception in that time is the 2022-23 season, when Nottingham Forest, Bournemouth and Fulham all survived at the first time of asking.
Forest did so by spending more than £150m on over 20 new players, which contributed to the club being docked four points in the 2023-24 season for breaching the Premier League’s Profit and Sustainability rules.
Fulham, too, spent big – with an outlay of more than £100m on the calibre of Joao Palhinha, Andreas Pereira and Issa Diop.
The Cottagers had been a Premier League club in two of the previous four seasons at that point, meaning they had received parachute payments for their two relegations to help them back into the top flight.
Southampton and Ipswich also had outlays of more than £100m last summer, showing that spending big still cannot guarantee survival.
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