Of course if you give a team more money, they will become more competitive, that's exactly my point.
In the late 80's early 90's Rangers were among the biggest clubs in Britain. They were signing half the England national team, their merchandise was on a par with Man Utd, their stadium was amongst the biggest in Britain, they were a driving force in the formation of the Champions League, & they beat the English Champions home & away to qualify for the first 1. Then Sky happened, pumped billions into English football, & year on year Scottish football became the poor relations.
Of course if Rangers & Celtic entered the EPL with their current teams they'd be pretty sh!t. Of course, Scottish football standard is sh!t. No-one is arguing that point.