wannabe, in EPL, the bottom 3 teams get sent down...replaced by the top teams in the Coca-Cola Championship (they have playoff system which I won't get into)
almost every league in the world (except MLS and a few others) has relegation/promotion so that clubs like my Pgh Pirates can't hang around collecting MLB TV revenue with the big boys
not every league sends down exactly 3 though...you can see by most any table how many go down. Here's the EPL table and you'll see a line drawn before places 18/19/20. if you finish the year in one of those 3 spots you drop down a division which has a $60-80M impact on your club.
almost every league in the world (except MLS and a few others) has relegation/promotion so that clubs like my Pgh Pirates can't hang around collecting MLB TV revenue with the big boys
not every league sends down exactly 3 though...you can see by most any table how many go down. Here's the EPL table and you'll see a line drawn before places 18/19/20. if you finish the year in one of those 3 spots you drop down a division which has a $60-80M impact on your club.