Commentators have been speculating about the death of the lower leagues and the continued issues with lower-league clubs going into administration like Bury has and like Bolton Wanderers almost did precisely because of this concentration of capital, talent, and interest at the top. Part of that is because these global clubs are just playing on a totally different level than poor Bury or Leyton Orient or whatever smaller club you can think of.
On this note specifically, the EFL let down those clubs horribly. There were viable bids in place to save those clubs that were not allwoed to take place.
It seems having an ex tennis player as the head of the EFL is maybe not the best thing for it.