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I’m American and stop gatekeeping nationality of ownership.
The draft is not relevant to MLB dominance. And that league is the most like the EPL where payroll basically dictates success in the long term.
NBA you also tend to have the same set of teams being good over any given 10 year span - again the draft only shakes up the really bad teams and even then you need a few good ones to really build a contender from the bottom.
Big 6 EPL is just as safe as any of those leagues, but the amount of money available is much much bigger in soccer. And the newcomers are looking for multiples on invested capital, so the whole Wrexham thing has turned on dollar signs for a new generation of Millennials and genxers making their first hundred million usd.
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Not sure. What’s yours? You don’t like the language the team owners speak? Buy your own clubs then