That was Rangers and the dour Scotsman smith spending money they didn't have , which partly caused them to go bust isn't it?
They had fifteen years to correct it but yes.
Celtic and Rangers spent big and had big players, sutton, kanchelskis, lambert, hartson, hendry, wallace, van bronckhorst, larsson, arteta, novo etc.
Guys who'd done it at big clubs.
Now those kind of players just aren't in scotland any more, the money isn't there, the scottish national team is mostly based in the championship, and scottish teams get their arses kicked in europe.
Same with the dutch league to be fair, the CL has killed a lot of the smaller leagues because they can't hold onto their talent.
Sutton came from chelsea, Hooper from S****horpe, you know?
When we bought ferguson down south the scottish league was vastly stronger then it is now, and even then it was weaker then it was when we bought sharp or young. The last five years that league has weakened to the extent that most purchases go to the championship.