Crystal Palace chairman Steve Parish admits the financial ramifications of relegation from the top flight now are 'scary' and believes a Premier League 2 could be an option if the gap to the Championship continue to grow.
Premier League clubs spent record figures of £1.165billion during this summer's transfer window on the back of the new £5bn-plus three-year broadcast deal.
More than half of the 20 top-flight clubs smashed their existing transfer records during that time, including Palace who splashed out £32million on Liverpool forward Christian Benteke.
That came a few months after the Eagles had broken their previous biggest outlay in signing Andros Townsend from Newcastle for £13m, and is an example of the unprecedented spending that took place across the division.