My perspective, growing up, I read something by a poster with sheedy or sheeds in his name , and he said Johnson got us in debt. Everyone jumped on him and was like with posters like him 'wtf'. But he was spot on. With Johnson at the helm (and Kenwright as director) we overspent in the 90's. Money we didn't have and we're in debt due to that very reason. I used to hear Everton fans ring up five live or whatever and say we need more money - we were amongst the biggest spenders in those Samways Bilic Williamson days etc. I think under Johnson we spent like £45M. Which was a lot back then. And that's why I defend Smith. He managed a club without ownership for a long time, but kept us up. Had we gone down, we might be like Leeds or PNE right now.