re: the bit in bold. The nature of the anti-EL brigades argument makes consistent CL participation an impossibility. Applying their own argument to the situation means its a self defeating objective.
I don't really understand why you've started mentioning wages. I understand that more income could facilitate paying more wages to players. There are issues though:
1) that we still wont be able to financially compete with thos above us is a salient point: we already pay more than 14 teams in the league and less than 5. That wouldn't change. In what sense then, if we are directly equating wages to success, have we improved our situation? The only thing that would be achieved, applying that idea logically, is that we would secure 6th place. The teams above us retain the muscle.
2) Of course to arrive at this point is impossible anyway: you have already said one season in the CL wont make a difference, and nobody has said it would, you have pointed out. How then, do we combat the league/european football conundrum? Also, we have to defy the odds for 4-5 seasons running in order for us to acheive this wage growth you are talking about. If WBA or Stoke aim to finish above us foe the next 5 years as part of their plan we would think it a serious and lucid objective? They may do it one year. But for 5 years? You're own correleation drawn between wages and success suggests they cannot.
3) CL football does result in more income. Is this income not partially eaten up by bloated wages for the current staff? Is it not conceivable that CL qualification could result in our current crop earning more money, whilst we still don't have the money to compete with the likes of Arsenal or Chelsea for Hazard or Sanchez? In that case don't we just stay where we are, but paying more money to tread water?
Well seeing as I'm in disagreement with the "anti EL-phalanx", accepting your terminology. No surprise I'm not convinced by an argumentation based on theirs.
I mentioned wages because you said "logically applied the same must be true of CL". But wages make up a difference there, meaning that the situations might not be the same.
1) It's more difficult to overcome a larger financial gap than to overcome a smaller financial gap. At this point I'm assuming you will point out that you already know this? But why then ask how we've improved our situation if we make the financial gap smaller?
2) Well, first of all - as I've also already pointed out (and as you apparently already know) CL brings more money. If spent wisely that money can help keep players around and sign new players. That can help the process.
Secondly growing as a club doesn't have to be continuous in a linear fashion to be worth doing. A year in the CL can raise our profile. Even if we didn't get back in the next year. Getting into the CL twice in 3 years with a gap in between could further raise our profile, help get us better players, increase our income from sponsorship deals etc.
Not quite sure how the correlation between wages and success is "my correlation"? What I've said repeatedly in the past is that it's not a perfect correlation, although it's quite clearly a statistically significant and relevant correlation. Based on wages we can predict that Man United won't go down next year, and that WBA won't win the league. We'll be right just about every single time. But we can't predict who will go down or who will win the league with anything close to that accuracy, in fact our predictions will probably be worse by a lot. As we've seen repeatedly a smaller club can overcome the financial gap and finish ahead of richer clubs, even doing so several years in a row. This requires smart work over time (imo), a lot of that ground work has already been done at Spurs (again, imo).
We're in a situation where we in the relatively near future will see an increased turnover from the stadium project. Combine that with increased earnings from CL and the potential effects could be really good.
WBA and Stoke? That seems very difficult for sure. But why those examples?
If Everton set a goal of overtaking us somewhat consistently, I think it could be done. Difficult, but possible.
3) Yes, to an extent. But that, at least in theory, should also allow the club to have better players. Resulting in a better chance of doing better in the league and in the domestic cups (see recent cup winners). We would still be at a disadvantage, at least until the stadium is built and more or less paid for. But it's still possible to compete, and much easier if the gap is smaller than if the gap is greater. We still got Bale, Modric, Carrick, Berbatov, VdV, Lloris etc with a smaller budget. A budget closer to those ahead of us makes those excellent deals more likely. Just like Arsenal got Sanchez despite spending less overall than some of their competitors, but they had the chance to do that because the financial gap between them and the top clubs was small enough.
One of the ways we can overcome the financial gap that remains is by working with a better long term focus and by having an excellent production line. But those things will be more likely to overcome a smaller financial gap than a larger financial gap. (As I'm again thinking you will know point out that you already know).