No doubt the club was put in a hard place - either make a principled stand and refuse to join as a founding partner or leap in now and suffer the wrath of some fans, media and of course UEFA. I understand completely why they chose the second option - It's kind of like what ultimately went wrong with the Common Market - we didn't join originally and by the time we did many of the rules and principles were already set in stone favouring the initial member states. We all know how this ultimately ended ha!
So, if we had declined and perhaps the SL becomes a huge success with certain rules and regs it would be hard to have a voice coming on board as a new partner. I don't necessarily agree with it at all but I suspect that if it happens it will be successful and despite what some say those who were there at the start will have a much better hand and more influence. Plus the financial gains will be huge. We all know how we have been made to feel by UEFA in the recent past - the new rich kids on the block and not worthy of our place - only in it because we have money etc etc. I don't recall at any time them referring to our wonderful past and how this club has meant so much to so many for decades. I don't recall any one saying how our owners have transformed a part of the City that was in decline and have helped put Manchester on the map in some ways.
I don't like that this is driven by FSG and Utd's owners but sometimes it's always best to keep your friends close and your enemies even closer.
Final two thoughts - I think UEFA has been very arrogant for a number of years and will have zero sympathy for them if the CL falls apart by becoming a second rate competition. The way we have been treated in the competition sucks so I for one won't lose any sleep about it. Of course it's still not written in stone that it will happen but if it means we are treated with more respect I'm ok with it.
I also don't buy into some of the reactions today - most will be because they fear change to what has become a gravy train for a group of the most ill talented pundits and commentators there are. The football media should be perhaps thinking of using this to pressure the big 12 or whatever number it is to assist lower league clubs by the PL allowing a second team to be associated with smaller clubs in the area - this would increase fan bases as teams will have a certain number of players like a young Phil Foden to watch before they step into the parent clubs first team. The standards of the game should be raised at every level as should costs - wages, overheads etc paid by the parent club. The sport needs a kick up the arse and some of the old cronies need booting out.