I really don't understand why anyone is surprised about this move. This didn't happen overnight, or recently. As far as the EPL is concerned, it started when foreign commercial investors - particularly the Americans - were invited to run our clubs. That was when the genie was released, not now. If you look at it from the perspective of owners who only care for their financial investment a Super league basically run on the American model - makes total sense.
I hate the idea like most fans - but for me its ironic to see EPL clubs who have wallowed in the obscene TV money available - are now up in arms when the big bucks approach is taken to another level. You jump on the express train, and then wail when it fails to stop at your station.
The talk of clubs being banned from the top flight or players being banned from playing for their countries is about as real a threat as the sanctions being taken against racism. It won't happen because revenue trumps everything. It seems ridiculous that our club (and Spurs) should be considered as part of the elite given current form, but look at the rich list and it seems less absurd.
It's depressing, but clearly this is the future, and ther is little point in wailing about it now.