This is one of many EFC forums. One thread in a week has received over 9,000 posts and well over 250,000 views. That is not small time. In short Everton have very large fanbase which fills up its very small stadium every game.
The club has the finest training facilities in the world and an excellent business line in youth player development, but lacks a top quality large stadium to maximize revenues in the stadia business stream.
Arsenal and Man U, unlike City and Chelski, do not have Sugar Daddies. They have to use quality business management to keep at the top and not be lazy relying on Sugar Daddies buying top players. They have to be sharp, and are. A significant level of Man U's and Arsenal's revenues come from their top quality stadia. They have to maximize all revenue streams out of necessity and that includes the business line of youth promotion of players - selling on players for profit and using home produced players that may eventually be valued in the tens of millions, all counts.
The two clubs have far superior business admin with foresight. While Everton and Liverpool languish in poor revenue generating stadia with matching performance. Yes, Everton are a sleeping giant, the top quality stadium with excellent mass-transit rail access will push the club back to the top 4.