Moreover, from a sporting point of view, it will make the strongest football league in the world even stronger.
Opponents of the change are busy wringing their hands and worrying about escape clauses being triggered after August 9 next year with no chance to buy in reinforcements. Those individuals might, however, want to consider just how many Premier League players currently have escape clauses.
While they are commonplace in Spain where players don’t want to be denied a chance to jump upon the Premier League gravy train, very few exist in English football. Frankly, there are few places players would want to escape to.
Paris St Germain, Barcelona and Real Madrid may still have the financial clout to cherry-pick the top Premier League stars, but ultimately the vast majority of money flooding into the European market comes through the Premier League.
That is why the 20 clubs felt empowered yesterday to go it alone. When Premier League clubs stop spending, finances will dry up across the continent and the only players available will be the ones deemed unworthy by the top 20 English clubs.
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Agents will want to get their clients a move while the highest-wage payers are still sat at the table, so even though Champions League rivals may have longer to get their playing resources in place, they will be fighting over scraps.
The end of August will merely see a cattle-sale of those players which the Premier League have already deemed surplus to requirements.
And on the plus side for the Premier League? “Player-power” ends at least 24 hours before a ball is kicked. Southampton have Virgil Van Dijk. Swansea, or Everton, have Gylfi Sigurdsson. Alex Oxlade-Chamberlain does not turn in a below-par performance against a team he joins a few days later.
Maybe even Philippe Coutinho and Alexis Sanchez get fit again just that little bit sooner. The Premier League becomes all about the football again.