Not sure I'd go with regional leagues on reflection - an expanded first with 3 up 3 down from the premier to sit below the premier. I'd go a straight 3 down from the premier and have the play offs 3-6 of the first. It would give clubs a realistic chance of promotion (which is one of the major issues in the first imo - too many clubs start off knowing they haven't a hope of promotion), and also give relegated clubs a realistic chance of bouncing back so no need to spend crazy to survive.
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