It’s relevant to the point that revenue tends to be higher at higher levels. Since you gave a number of real life possibilities for why fans may have stayed away, I’d argue that the lack of promotion could be one too. Maybe the fans got their hopes up for finally getting to a new league and more money coming into the franchise so they could watch better players but were disappointed when it didn’t happen.
If you’re going to look at my league games at least check the roster used, what league I’m in, and how things went last season. Short term losses are acceptable for long term growth.
I once had a team with 1757 players and was $25,835,360 in debt. This is not that team. Join the Discord group open to anyone, but especially for USA managers to improve your club or get involved with the U21 and NT programs
(https://discord.gg/cKpNkt2).