Aye finishing a few places higher up the league isn't great money at all. To stay up the top half consistently needs constant bankrolling (unless you keep finding hidden gem players) but the gap between the big 6 revenue and the rest is huge so there's not much room top hald! Last season, even with COVID affecting gate revenue of the big clubs, it was nearly double comparing Arsenal to Everton and well over double when you compare Everton etc to Spurs and above! In fact, when you add up the big 6 revenues it totals more than the other 14 teams. Although rare over the last 15 or so years, the big teams can have a bad season but will soon recover given the money they can invest in bringing in better players than the also rans in the league. It's only when they mess up and buy a few duds that they suffer but it isn't a long term thing.
This was 2019 revenues before COVID affected revenue showing the bigger gap. It will only be bigger again in the future as crowds are back though Arsenal may be missing a few millions due to no European action this season.
Leicester have done well with players coming in and going out for big money but their finances have shot up chasing success from what I've seen (
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). I think they're gonna struggle in coming seasons to maintain the high level. They haven't got off to a great start in their Europa League venture this season and league position doesn't look good either. Though even winning the Europa League is a fraction of what the Champions League generates and is possibly the fee to invest in a player. If goes wrong and they get knocked out in the league stage and get a few million extra but then nowhere near Europe this season then who knows what will happen. Leicester are a team going for it but I don't think they'll be there long term unless they keep pullling great players into the squad to replace the ones they lose.
I wish Ashley had went for it and spent a shit load chasing Europe but the Mags failed to get anywhere and ended up financially fucked rather than just tick along playing it safe. Even if they get taken over by PIF they'll be in for a shock as they won't be bankrolled like some think.