I'd go further. Although they have morphed into businesses, they are still sports clubs. They should be forced to live within their means. The bigger clubs would still attract larger crowds, more sponsorship, more advertising revenue and TV money but the difference would be more like it was pre Premier League. Back then more, different clubs were finishing top 3, more were winning the title. More clubs had a chance. It was better sport. There was an advantage to the Man Us, Liverpools, Arsenals etc but less of one than that enjoyed by the current "top 6".