It depends on how much of a step back it'd be, honestly. I've never gone through a relegation on FM. If I got to keep most of my players and staff I would take a chance at getting back into the Bundesliga, if I had to completely rebuild or if I couldn't get back in I would go somewhere else, but I don't see myself getting relegated. Even if I finish in 16th place I don't see a way that I would lose a two-leg series to any 2.Bundesliga club.

Bundesliga - January 2015
Matches
Here are some comments that Pep Guardiola had to say before Bayern's game with St. Pauli:
Either Pep's trying to play some mind games or he's seriously trying to praise the upstart side. I think it's a little of both, personally! Sabrina responded, saying "It's great to hear that someone else thinks you're doing a good job and even better when it's someone I admire and respect greatly like Pep."
January 24, 2015
Bayern Munich 2 - 0 St. Pauli
Bayern Munich bossed the midfield and kept St. Pauli from having much of the ball. Still, we had some chances on the break but our finishing let us down.
Player of the Match: Koray Kacinoglu (St. Pauli)
January 27, 2015
St. Pauli 2 - 2 Schalke
St. Pauli took the lead with Christopher Buchtmann's impressive lob over the goalkeeper. However, Schalke soon took over and had a 2-1 lead. Winston Reid rescued a draw when he volleyed in a corner kick.
Player of the Match: Julian Draxler (Schalke)
Bundesliga Table
Transfers
Unfortunately, I got no new money for the winter transfer window.In
He fell out of contract with Cork City and we snatched him up because Benjamin Leroy is unhappy and will be leaving the team soon.
This guy was bought from Catania for 21k. He is coming off a torn hamstring but this is a very low-risk deal for us, and we're looking at him to fill the trequartista slot.