I've heard several times the argument that they run a clown shitshow that produces lots of money (which is your points 2 and 3), and usually my retort is that a

I've heard several times the argument that they run a clown shitshow that produces lots of money (which is your points 2 and 3), and usually my retort is that another Champions League would look less classist, trickle down more wealth and entertain more people. Maybe a Love Island or a Big Brother edition with Kylie Minogue, Cristiano Ronaldo, Andrew Windsor and some child celebrity would be more interesting and produce more money. Point 1 is debatable, there's lots of data that suggest they are a net cost (such as a recent investigation of the Guardian).