Yeah, because the money in the game led to stronger squads, not because the teams are better
English teams were banned from Europe for 5 years and it took them a long time to get back up to speed in the 90s. Also, these teams with the massive point totals today have billion dollar squads and the ability to replace one top player with another in virtually every position, I'm sure that helps with the 'not dropping points in a title race' that everyone seems to be so enamoured with.
Basically, as time has gone on, the gap between the big teams and the small teams has widened across Europe, and it is a game for very expensive squads, not very good first elevens. Aside from the point totals, look at how often you get doubles and trebles these days compared with the 70s, 80 and 90s (across Europe). It used to be a rare and prized thing, because you had to achieve it basically with about 13 players. Now they are ten a penny because you can achieve it with 25 quality players.