Yes correct. But if they leave the PL and ECL then they also lose 200m in lost revenue. And would only play around 13-15 games a season.If FIFA and EUFA ban them then they can do what they like,who do they have to answer to?I can see performance enhancing drugs becoming prevalent similar to American sports,allegedly.BTW They can have 2 teams,one for the PL and one for the ESL,lets face it we're not that far off it already.
That’s just not going to happen.
I can see some short term pain for them.
A negotiation proposal from Uefa maybe to merge the ECL and ESL in some form to suit all.

Brilliant, I like that idea