Close off the Premier League?
Honestly, I’d go the other way and open the thing up.
The rewards on offer are so great that millions upon millions are spent by desperate Premier League clubs who will do anything to stay where they are. Some clubs (Wolves did it once, I think, Burnley and Blackpool have been shrewd) can make a profit from the silly TV money, the rest write the disappearing zeroes off as the cost of doing business and keep on keeping on like a drunk guinea pig stuck on a hamster wheel and starting to feel a bit sick.
Clubs in the bottom half of the league fight like anything to stay there, and the clubs in the Championship spend over the odds to try to get there. (But, like our hamster wheel, it’s not that good really, particularly if you can’t enjoy yourself like you could before you got stuck on the wheel).
Sometimes we need saving from ourselves, and here’s the answer: not less but more promotion and relegation. Let’s be adventurous here: if, every season, you promote and relegate six teams from the Premier League what do you do? You lower barriers to entry. You lower risk. You spread wealth. You make life more interesting, too.
Where’s the downside?
It’d never happen, but that doesn’t mean it shouldn’t.