I'd imagine (and seriously hope) that there would be significant push-back against this kind of bollocks, as there was with the super-league idea.
No doubt fuckwits like Boehly, who have no regard whatsoever for the traditions and supporters of the game they have bought into, would fight hard for it, though.
Haven't the government made noises about legislating against this kind of thing? Football in Britain (and the rest of Europe) has such deep roots within the communities whose names the clubs bear. It really has to be fought back against.
If people want to watch a European football match, then by all means, visit Europe, or, heaven fucking forfend, support your local teams.