Series 8 starts just after Series 7, with the players still celebrating their Champions League qualification. Then when they find out the news that they have been relegated, the majority of the team wants out. However their new owner, Eli Knox, and their new manager, Don Barker, explain to them that if they leave they don't get paid for their efforts last season (they still have a two leg qualifying round before they have actually qualified for the Champions League). The players try to adjust to life in the Championship, with the help of two new signings - defender Frank Stone (signed from Wigan) and midfielder Tommy Valentine (on loan from Chelsea). Clyde Connolly causes problems - made to play central midfield against his will, at half time in the Dragons' opening match he switches positions with Tommy. The team lose one nil, and Don blames Clyde for the shock defeat.
As the team prepare for their first leg Champions League qualifier in Lisbon, Nikki and Jeff are locked in discussions with Manchester United trying to negotiate a deal for Lee. However, Lee is unwilling to move. He also wants to play in the Champions League match, but can't as Man Utd don't want him cup-tied. He eventually plays in the match and stays loyal to Harchester, and also sleeps with Nikki.
Fed up with life in the Championship, several players hand in transfer requests in the hope of securing moves back to the Premiership. However, Eli gets Dean to stall the moves, so that none of the players leave.
The players are put through a gruelling two days at a Boot/Training Camp. Curtis proves himself worthy as captain in this time, despite competetion from Frank Stone for the armband.
The team start the episode on a high. Since Boot Camp, they have gone five games unbeaten without conceding a goal, and Don Barker is Manager of the Month. However, it all goes wrong in the Champions League game against Barcelona. The team are mauled 4-0, mainly because of Frank Stone's poor performance. Clyde isn't helping - he is constantly taunting Frank. Their arguments reach boiling point when Frank viciously assaults Clyde.