Close to 50 million in managers in three years isnt good mate, its naive to think it doesn't have a material impact, in my opinion. Its far from the most optimal way to run a business.
Comparing us to Chelsea is madness when you consider the budgets involved,, they are far superior when it comes to revenue and access to funds, the model can work for them as a result but for us it eats massively into our bottom line.
I wasn`t comparing us to Chelsea in any way, I just used them as an example.
Paying managers compo is part and parcel of the whole thing now, unless your Bournemouth, Huddersfield, etc and are happy floating around the bottom of the league every season, the fans expect more.