In terms of meritocracy, I'd say it works at least as well as the European system.
As an American I would admit a preference for the promotion/relegation model but when I look at how a league like the English Premier League functions I don't find much to be jealous of. It's basically just a contest to see who has the most money... the teams with huge amounts of cash win nearly every year. Greed wins. And the fat paychecks for Premier league teams assure that the rich stay rich. It's hilarious to think of Man U being relegated because it could happen but c'mon, it's not.
The main difference is that Euro football leagues give the illusion of adhering to the sport's amateur roots. Theoretically your local town's team could play its way up to the Bundesliga or the EPL and win it all. However... that is basically an illusion. Occasionally a team like Cardiff City fights its way up to the Premier League, takes a beating, and sinks back down to the Championship League. They never really have a chance. Once per century you get a Leicester-style miracle, which is extremely cool but it's the exception that proves the rule.
Basically both systems are nearly equally ugly but the American one is more honest in most regards.
However I will agree that the proposed Super League is a terrible idea. The Champions League is special because it pits the best against the best every single year. That will be much less true for the Super League.
That's the thing I don't get about the opposition to this. Bayern has won the Bundesleague for a decade straight. Paris St Germaine is almost as dominant. Juventus the same in Serie A. La Liga flips between Real and Barca. Why not let these teams that have outclassed their competition go play in their own league? Let them chase the money and international market while the rest of the league can maintain their traditions.
The Super League was not about merit but rather brands recognition.
https://projects.fivethirtyeight.com/global-club-soccer-rank...
But, it was sort of "the exception that proves the rule" right?
This fans reaction to the proposed ESL is ridiculous. Football is of and for the fans? How laughable. Players making millions and millions, oil money and money from suspicious financing changing teams from minor characters in the national stage to top teams (see Chelsea, ManCity, PSG). How can true fans support Chelsea when the money from Abramovich change the dimension, the spirit of the team? Or Manchester City, with working-class fans that are now supporting a team that in one week is spending more than an Onassis in a year?
My football, the "romantic" football, ended in the 80s. Certainly a time in which players were already paid handsomely, but also a time in which you could see players play for the "shirt", in which teams had an identifiable "culture" and "spirit" that was shared among players and fans. A sport, not just a pastime. I cannot stand watching a game now.
Man City were getting 30,000 fans attending in the third tier. Sunderland gets 30,000 fans attending in the third tier.
Leipzig used to only play in a regional division 10 years ago and are now in the top of the Bundes Liga and reached the semi-finals of the champions league.
Although rare and improbable it does keep a dream alive for many fans. And dreams are part of the entertainment.
It can also go the other way around. Schalke 04 used to be a top 5 Bundes Liga team and are now relegated. This drama is exactly what makes the football pyramid charming.
I know for example Cardiff City's renaissance and brief promotion to the Premier League corresponded with an influx of foreign cash. That's undeniably massive fun for supporters of Cardiff, but decidedly un-fun for teams that did not receive such an infusion of money, and in the end it doesn't make me too jealous of the pyramid model.
They were purchased 5 years prior to winning the Premier League and immediately upgraded their sponsorships, facilities, staff, and players.
Did money make them win the premier league? No, but it couldn't have happened without it and it had nothing to do with meritocracy or the local community.