It is slightly plucky tbh, there squad value this season is apparently £21M, which is 14th overall. Last season they were 22nd with a squad value of £14M. Admittedly they had the 6th highest squad when they got promoted from League One, but it's still a achievement imo.
Yeah, and whilst their owner has money, he's barely invested (by football standards). Somewhere around £10m to £15m since he took over or something.