I don't disagree, but unfortunately things are more likely to go the other way. If you did an accumulator to pick the champions of France, Italy and Germany you'd probably get pretty weak odds for Psg, Juve and Bayern. Spain has a top three who are a lot better than the rest of their league and likewise England has a big six.
There is just concentration on consentration of wealth and talent. The biggest teams in the biggest leagues are a cut above everyone else. So a European super league could happen eventually, though I really don't want it.
Though the average premiership sides can't compete with their domestic big boys, they still have enough cash to buy the best players from bigger clubs in smaller leagues. Everton can buy the Ajax captain and keep him in the bench for a year. Fulham can bid for Celtic's best players. This doesn't seen right.
Burnley and Aberdeen are similar sized clubs in terms of support and stadium size but Aberdeen fans were telling us that they get about five million in TV money for finishing second in Scotland. Burnley got 120 mill for finishing seventh in England. So we might be minnows in the EPL but they see us as mega rich fancy dans. On the pitch the difference was closer but we could go and buy any Aberdeen player if we wanted.
I don't have an answer for this because it's all driven by market forces and what consumers want. A baseball style salary cap, where the biggest teams in Europe pay a redistributive income tax, would be a good solution but it will never happen.
You could go for your champ league suggestion but that wouldn't stop the commercial power of the mega clubs or the huge TV power of the biggest leagues.
