No I have to disagree it's not. The difference was, and it may be hard to swallow, is that they had a manager who managed to sign decent players cheaply and sold a few on for more. He also inherited a solid English defence and played a continental style with the foreigners he bought. Football was different then and Dien (a cunt he may have been) had the foresight and bottle to hire him. Woolwich had been renowned for their unattractive football from chapman to mee to Graham. They won their trophies before moving into the emirates on a shoestring .
The won their last title in2004 and have won 2 trophies since being at emirates .
There were no Man City or Chelsea remember and basically just 2 teams to compete with.
From the time they decided on moving 98 until 12/13 they spent a net £2, 721,000
They were spending less than us and finishing 4th since moving. It's only the last few years they have paid off debts and have spent big and they have won 2 fa cups for it.
We are in a different time now. There are now 3 clubs more financially powerful than them and 4 than us.