This is a god awful plan, but the logical outcome of the mentality behind the PL, and ownership rules that facilitate Abramovich, Gillet/Hicks etc. In that respect, people saying they have no sympathy for PL/Uefa are missing the point. This is more of the haves strengthening their position, but it's also a big step change.
I have no interest in a self-selected group of rich clubs playing out their brand of global fantasy soccer in a closed shop. But I'm sure plenty around the world will.