Everton, Sunderland, Villa, Newcastle, Wednesday, Blackburn… you look at trophies won and title challenges up to about WW2 and they are the top 6 clubs of English football, yet look at their last few decades (and more in some clubs me cases).
Size of club, its history and size of its support means nothing when it comes to the here and now. It’s all about how the club is run.
I wouldn’t say Everton are a disgrace, but they aren’t well run. They’ve probably invested more into their team than Spurs but they hardly ever have the right manager in place and don’t appear to have a long term plan. But they’re still better run than Sunderland and Wednesday have been, and than City were for a few decades.
They should be careful what they wish for at Everton though. Their board did get the right man in place only a few years ago (Ancelotti), it wasn’t their fault he left. They could get a new boardroom in and they could be even worse than the current lot, you never know.