Are we? The 6th-richest club, with the 6th-highest wage bill, yet the average league position over the past 5 years is 4.6.
EDIT: And a source for the "richest" claim, since I know that's a bit vague. Going by revenue, all in millions of euros:
1. Man United-519
2. Man City-463
3. Woolwich-435
4. Chelsea-420
5. Liverpool-391
6. Spurs-257
Deloitte Football Money League | Deloitte UK
And how much do we spend on wages and transfers compared to revenue income?