None of the six English clubs expressed any intention to leave the Premier League. Likewise, the Spanish and Italian clubs did not propose to leave their domestic leagues. Legally, there is no case to answer at this level. Any ramifications should be limited to the UEFA / ESL level where this power-struggle played out. And UEFA would be well-advised to engage constructively with those clubs which account for the bulk of its success. Prolonging a toxic atmosphere of bloodletting and recrimination won't help anybody in football. Positive engagement is the best way forward now.
The UEFA competitions would benefit from constructive reforms, but certain principles must remain sacrosanct. For me, these include qualification exclusively by merit across the board, and a competition structure under which any qualified club can be paired to face any other in a competitive tie. Yes, the largest clubs earn the highest revenues in a competition where they're constantly facing-off against each other. But, as a fan, I love to see City drawn to face a club they've never played against before. And for fans of those less-fashionable clubs, the chance to see their local team face one of the giants of the sport is everything dreams are made of. Perez's vision of eradicating ties like this on the grounds of lower revenues generated must never be allowed to prosper.
There has to be a place for ties against Lech Poznan, Aris Thessaloniki, TNS, Midjytlland, RB Salzburg, EB Streymur (and the rest) in these competitions - classics which we all remember with fondness. Those fixtures are part of club history, even though TV and matchday income may have been unremarkable. The magic dust will quickly evaporate if we play only the likes of Barcelona, Bayern and PSG every round.