Reminds me of the P5 breakup of college football. The venture is currently being backed by Chase (u no like ESPN). Clearly, thie has been quietly in the works for awhile!
The reaction to the uber Super League is roiling the soccer (pronounced “football” in celsius countries) world. The 12 teams with a expansion to 14-16 will play in their own league. Here’s the rub: no relegation no promotion. The whole soccer (nee football) system is dependent on relegation and promotion. The process forces teams to adjust and get better. English fans are howling.