It'll be worse than 2005, it'll be a financial disaster. And most likely no new Markus to save us. Anyone who thinks relegation would be a chance to clear out the dross and build from scratch is deluded. We'll lose all the semi-decent players, and be left with the overpaid crap until their wages put us into administration. After that any decent young players coming through will be snapped up in nanoseconds (remember Bale and Walcott?)