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Except the English pyramid as a whole still gives teams the opportunity to move up to the premier league. Are you advocating for this in CFB with the P2? If not then this isn’t close to the same comparison.Of who's fanbase? The NCAA? Certainly not the B1G and SEC fanbases. You also aren't cutting in to the national fanbase for prime time games. Neutrals tune in to those big time matchups for the spectacle, same goes for playoff matchups. For the regular season conference play, regional fans of non P2 teams will still mostly watch their teams on separate platforms.
I think the analogy does fit. Maybe a similar comparison would be the English Premier League. It was once a part of a broader English Professional Division that broke away to form their own, higher tier division. The Championship division still has some good teams and the games are exciting, but no one really cares on a national level compared to the EPL. Same holds true in the new CFB world where 2 conferences hold all the cards. Locally and regionally, you have your own fans but nationally no one really cares about schools outside of the big boys.
You may not like it (i don't either, i miss the old regional appeal to it all), but that is exactly the direction CFB is heading: Pro Football.
An adequate comparison (imo) is the super league, teams like Real Madrid and Juventus wanted. It got so much bad press and backlash it never got off the ground. Even though many of the big clubs were for it. Thats exactly what you are advocating for here.