The Athletic. Hello I'm Mark Chapman. Welcome to the Business of Sport Podcast on the Athletic and that's later with us as usual.

We are very much at the business end of the season so the focus of today's pod is the financial impact

of promotion and relegation on men's professional clubs in the English football

pyramid you've got of course the likes of Liverpool and Manchester City battling

for trophies and huge sums of money at the very top.

Then there's clubs like Nottingham Forest dreaming of joining them back in the

Premier League.

But at the other end, Derby, Barnsley, Crew, Doncaster, all counting the cost of relegation

with others on the brink.

And then last weekend, of course, Oldham Athletic became the first side to have played in the

Premier League to be relegated from the

football league. So our first guest is Julian Tagg, president of Exeter City who

this week's secure promotion to lead, two leagues below the Premier League

after a decade in League two. Well congratulations first of all Julian must be a great

feeling today. I mean yesterday is a great

feeling today so we're beginning to dawn on you and you're beginning to look at

you know what comes next so yeah I did go it last night but you know the the realization the next morning which when it sorts of sinks in the gravity of what comes next and making sure that you remain competitive successful and all the things that go with it of course is so that's how my mind works I wish it didn't but it does.

So the obvious question is we've got as you probably well know you know we're going to.

I think the biggest the biggest advantage that we've got as you probably well know

you know we've been to Wembley five times, we won what there once, and when you go via the playoffs, I mean, in the middle, we haven't lost the playoff. So, you know, that's a big step in itself, and of course that brings in a significant amount of finance which is always a plus in any football club of

let alone hours. The difference this time is for us is that to have achieved it this early is that you have achieved it this early is that you know the pictures get three or four more weeks to you know to do to do the work that's required on them and they take a batter in every year.

This hasn't been too bad a year. We put a lot of money into it last year.

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