Luftstalag14
Culé de Celestial Empire
Neither can the CL be called the CL without the Spanish and Italian teams in it.
Of course it can go ahead without the EPL teams. The whole reason for this is the EPL taking over and becoming so financially strong.
A ESL with top European teams in it can challenge the EPL and spending power with or without those English teams.
I believe the Italian government also opposes it, perhaps not going so far as to enacting a law to forbid the Italians teams to participate like the British but still.
I understand why they want to do it, but an ESL with a handful of Spanish teams plus some other teams here and there, without much public support can't compete with the CL with the English, German, and potentially Italian and French teams as well, and with public support.
Sure the CL will suffer if the ESL does happen but my point is, can the ESL really be a monetary success without the English teams and other heavy weights participating in it? I don't think so. It is like an el Clasico +.