Be interested to see their league position when promoted, i.e autos or playoffs. Wolves, Brighton and Bournemouth all went up as Champs didn't they? Watford 2nd and Fulham via playoffs? Not sure about Sunderland.
Nearly correct, Stretch!
Sunderland were promoted to the PL in 2006-07 as champions of the Championship (88 pts.) After ten seasons in the PL, they were relegated in 2016-17 with just 24 points and the rest is history.
As others have said, money spent becomes irrelevant when the manager(s) are wrong.
Sunderlands WiKi page makes chilling reading:
Back-to-back relegations and sale (2016–present)
In July 2016,
Allardyce left the club to be announced as manager for the English national team, and former Everton and Manchester United manager
David Moyes was appointed as his replacement. Under Moyes, Sunderland made the worst ever start to a Premier League season, taking just two points from their opening 10 matches. The club was relegated to the second tier for the first time in 10 years at the end of the 2016–17 season, finishing bottom of the table with 24 points, and Moyes resigned as manager. In June 2017, goalkeeper Jordan Pickford, a product of Sunderland's academy who joined the club aged eight, was transferred to Everton for a fee of £25 million, rising to a possible £30 million, a record for a British goalkeeper.
Following relegation,
Simon Grayson was announced as the new manager of the club. Under Grayson, the club made a very poor start to the 2017–18 EFL Championship season (which was documented in the Netflix series
Sunderland 'Til I Die), taking only 2 wins in 14 games. Following a 3-3 draw to Bolton Grayson was sacked, and Wales head coach
Chris Coleman replaced him in November 2017. In April 2018, after a second consecutive relegation, this time to League One, the club was sold to a group led by Stewart Donald, chairman of Eastleigh F.C. and Coleman was released from his contract.
Newcastle, you have been warned...