You’re absolutely right that UEFA’s SCR rules are far stricter than the Premier League’s, and it does raise the question of whether things shift if English clubs keep dominating Europe. If enough of the big continental clubs start feeling disadvantaged, you can imagine the lobbying pressure building.
On the money side, winning the Conference League barely scratches the surface of a Premier League wage bill, so it’s hardly transformative. And yes, having a billionaire owner (Woody Johnson 43%) sounds great on paper, but as Newcastle have shown under PSR, even huge wealth doesn’t translate into freedom to spend. The rules bite harder than people realise.
What really skews things is the loophole territory. The biggest clubs can lean on creative accounting, asset revaluations, internal sales, and all the corporate machinery that smaller clubs simply don’t have. Brentford, Fulham, Palace — they can’t magic up a hotel sale to themselves or shift assets such as their Women's Team around to balance the books. It’s capitalism in football form: the more infrastructure you already have, the easier it is to “comply”.
It does feel like the system is trying to enforce parity while simultaneously rewarding those who already have the scale to game it Ie The Big Six /Euro Super League Breakaway Wanna Be's). Whether that eventually forces a rethink — especially if Europe starts pushing back — is going to be interesting to watch.