I completely agree with you regarding the monopoly clubs at the top have and the difficulty in breaking that. I’ve also said before Chelsea and City are a symptom, not the root cause of the Premier League’s problem with money. But it doesn’t change the fact that these are sides that have built their success in a time where they have been handed money. There is so much more to football than just the present, and clubs like Bayern, Barce, Juve, Liverpool have been a force long before the introduction of the oil club. You just cannot buy that history and the feeling of what a big club is.
Arsenal have been big for decades, even if they’ve had a poor couple of decades, they’re still a footballing institution in this country. And when they next win a league title they will go back to being a dominant footballing institution. City and Chelsea don’t have that.