No, I don't think so.
It's not that long since the Chinese league was blowing vast sums of money on "stars" and while this is admittedly on a different scale, you're just not going to replace the history of clubs like Juventus, Milan, Madrid, Barcelona and the EPL top four... and that history, passed down across generations, still does mean something, even in today's world where lots of younger people seem to support players rather than clubs!
