You nailed it.
It's good and bad. I think the revenue won't hurt us, unless we fail to qualify again next season.
Realistically, with summer purchases, we should be competing for a top four spot. I think next year the top 4 will be United, City, Chelsea, and either Liverpool or Arsenal. Unless Arsenal refuse to spend money, in which case they could be replaced by Spurs.
I think this summer will be interesting for Spurs, they could see a few of their players walk. Defoe instantly springs to mind, and I have a feeling they're going to get a huge offer for Bale from someone.