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Same situation with Woolwich, too.In some ways it was the perfect strategy. For a team like Sevilla not guaranteed to make itfrom the league getting CL group stage money every year but dropping and winning the EL was exactly what you want.
They had the benefit of not having to worry about a top 4 threat for so many years though. But in general yes. Though they would never admit to it publicly but it is a very sound plan to build a club. Just not a good look when your fanbase thinks you are European elite/a big club.Same situation with Woolwich, too.