Don't have an issue with a new competition replacing the CL IF its an open one with no fixed entrants but based on qualification on the pitch.
The reality though , even though its now being sold as such , it would not take long before the door was shut on most teams.
In effect the CL already to an extent does this by blunting the likelihood of new entrants through limiting investment of new owners whilst massively rewarding financially those who already have qualified but at least there is a slim chance of a new entrant like Leicester from PL or a bit of variety from the one/two team leagues who have the odd extra place.
The advantage of UEFA and FIFA competitions is they at least have to get widespread support to maintain there gravy train but in the ESL suspect there will be a handful of teams who will run it.
The ESL is a G14 construct, & specifically crafted to suit their member's coffers.
Think about the original language used. "It's not fair that the legacy clubs who made the CL what it is, can't get to compete in it every season", hence the closed shop approach, with a couple of invites thrown to City & Chelsea.
Who the fuck would want to watch the same 16-20 clubs playing each other season after season, without the jeopardy of qualification?
I feel today is the ideal opportunity for the sensible heads to say enough is enough, & to reorganise football, so all matches becomes meaningful again.
Why should we lose our players to qualifiers against The Faroe Isles & San Marino? Surely there should be a seeding system where only League One players are allowed to represent England against these international no hopers?
Honestly, if I were a City player, I'd be telling my association don't bother contacting me outside of tournament football, because I won't be interested.
Rodri's interview in August said it all. Players are fearing for their health & the authorities couldn't give a fuck, so long as they keep raking in the dosh.