Correct, but the standard of football is pish... my flatmate is a carlisle fan & with exceptions, the few games I've seen aint been pretty. That they can afford to pay 3x wages & splash out large transfer fees with relative easy is pretty annoying, but i guess thats sky for you.
As an side & not really wanting to get into this debate, of the league 1 teams I'd say probably only leeds, & leicester are bigger clubs.