It's hard to know which big club will be the next to struggle to balance the books.
Last month, Glasgow Rangers chairman Sir David Murray angered rivals Celtic after claiming the Hoops would struggle if Rangers were to go bust.
However, there is a lot to be said for local rivalries which set British football above other European leagues.
Across the continent and the world, derby games are the biggest games of the season. However, the Southampton-Portsmouth rivalry is rarely discussed outside of Hampshire.
The game had everything you would expect from a gritty derby game, with both clubs fighting for their lives. Southampton would be favourites against any opposition in the Championship, but form really does fly out the window when local pride is at stake.
Saturday's exhausting game had brilliant goals, late drama, controversial decisions, a potential red card and more passion than a honeymoon.
Portsmouth and Southampton are clearly heading in different directions. The red half of Hampshire are on the cusp on promotion to the Premier League. Meanwhile, Pompey look set for the drop to the third tier of English football.
It is still unclear what the future holds for Pompey. Financial heartache has troubled Portsmouth for several years, and has culminated in administration and a ten-point deduction.
It Portsmouth are to remain in existence after the summer, they should take inspiration from an unlikely source.
Three years ago, Southampton were relegated to League One after entering administration. It has been a long journey, but the Saints have sorted themselves out financially, and are on the verge of rejoining the promised land. It has been a real role reversal in Hampshire. During Southampton's slump to League One, Pompey will finishing comfortably in the Premier League and were still holders of the FA Cup.
A passionate rivalry gives fans and players extra motivation when it is really needed. Had Portsmouth been playing another top team on Saturday, it is likely they would have faltered and come away empty handed.
Only against the Saints would the current Portsmouth team be able to hit a stunning strike, not once but twice - with the last gasp equaliser coming four minutes into injury time.
It looks like the two teams will not meet for a long time, particularly in the league. However, the potential being there for another Solent derby will mean an awful lot to both sets of fans and players.
Southampton have still not beaten Portsmouth in the league since 2004, and it looks set to remain that way for some time. The most passionate of Southampton fans will not want Pompey to go out of business, solely for the selfish reason of wanting to see their side beat their bitter rivals once again.
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