That is complete counter productive because clubs are the ones that count, pay and make money... they invest in players and attract people and fill stadiums all year long, they would even if there were 22 teams instead of 18 or 20, even 24 and 46 games/season. Cutting will just bring down revenues and make the sport less interesting. Cutting Cup ties would be good, with the condition they bring back 2nd Group Stage in UCL.
Not to mention that I would prefer to cut National Team Fixtures in order to have players, like ours, perform for Barca, not come after some meaningless friendlies like Romania-Spain and almost destroy the season that went perfectly up to then with some horrible games in 1 month, actually, it kinda destroyed it anyway because we were heading for a tri campions 3rd season, 2nd consecutive UCL and now age will be starting to get the better of Messi, Suarez etc.
Make it like rugby...top teams qualify automatically to the next tournament and play friendlies only in the summer, while the others play less games to qualify.
Also, Euro 2020 will be a complete waste of energy to travel the continent, if they kept 16 teams like it's normal, countries like Switzerland+Austria can host, hell, with a bit of effort countries like Poland and Ukraine would've been able to host alone, they made it 24 with Platini and handed it to France and later nobody wanted to host alone because they felt the waste of space and money to keep 24 teams for 2 weeks and see only 8 out.