arse's new accounts show a fairly hefty revenue increase from the widely available numbers which i expect jake is using to compare arse & pool,
most of it due to increases in commerical revenue and toilet roll holder sales. from what i can make out the the £12m increase from 2014 labelled property development is basically selling off bits of the old highbury, tho this is an annual report so ofc its as opaque as possible. i have no idea if that £12m is going to £0 next year, or £50m, or what.
anyway pool havent published yet but i reckon even with pool's CL run cash due to hit the next lot of accounts, arse will still have grown their revenue by more over 2014/15. the gap is pretty significant.
btvditw will compress that a bit in relative terms as you have noted, but i still think you need an arab to turn up if you really want to compete with arse for signings.
imo post btvditw its gonna be mun, buyern, rm etc competing for top talent, arse will have their pick of whoever slips through the cracks (and might even poach a top talent if arsene stops being a tightarse), and then it'll be pool vs spuds vs dortmund vs atletico vs juve etc for whoever arse dont want.