And that there's squarely the problem isn't it.
Premier League wages are insane, but so are the TV and endorsement deals so the clubs there can afford them.
But what it's done is drive up all wages, as some Championship teams try desperately to barge their way in to the Premiership party by signing players on Premier League wages, and then other Championship teams try to compete with them, and then some of them end up in League One, and then the rest of League One tries to compete and etc. etc. etc.
The worry is that at some point the seemingly endless supply of wannabe football club owners willing to throw their money away is going to dry up.....and when that happens, I expect a lot of clubs are going to go to the wall.