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Except that for the EPL you have to name 25 players (not 40). So effectively you end up with an A team and a B team. The A team would presumably play in the ESL, and the B team in the Premier League. That doesn't sound a workable solution to me!

That's logical - it also offers an olive branch to any of the clubs that might be wavering. Also probably very useful in any future legal battles.

Indeed! Well spotted :-)