Source? It’s just logic, something that is completely lacking from your next paragraph.
So you’re saying that admitting that trying to set up a rival competition “devalues the completion they are paying hundreds of millions to broadcast” while expelling those who legitimately qualified for the competition doesn’t “devalue the competition they paid hundreds of millions to broadcast”?
Yes, but I should probably chose my words wiser. "Destroy" would be a far more apt verb than "devaluate".
How is your fiction logic? It's pure conjecture based on a premise you've dreamt up yourself and not at all based in reality. The UEFA and the broadcasters are in this together, and there is in no way any clauses in the contracts between them that let's the broadcastes dictate who is eligible for participication in the tournament or even meddle in the rules of the competition. Which is what your logic propose they can do by imposing financial penalties on UEFA if they exclude clubs based on the very rules of the competition. Furthermore, how to you even measure if it is devaluated?
Edit: Besides, the product the broadcasters pay to televise is the competition, not the clubs, as whoevere participates are evolving.
Feel free return with a reply the day the lawsuits are starting mount up. They won't.