College Football tomorrow 70 Team super league

We have been hearing about the power conferences forming a super league of 70 P5 teams for years now. A private equity company, CRT, proposes to form this super league governed by college presidents, CRT and have a simple playoff system based on wins and losses and to balance things out, add 10 teams outside the CRT (G 5s) to round things out.
This would be for football only with all other sports, including Olympic sports staying in existing conferences.

Several college presidents, Roger Goodell’s primary lieutenant at the NFL and some of sports’ top executives have devised a plan — dubbed by outsiders as a “Super League” — to completely transform college football, those involved in the group “College Sports Tomorrow” (CST) told The Athletic . Although the plan has drawn skepticism from within the sport’s current institutions, the people behind the ideas believe they must be implemented.

The current CST outline would create a system that would have the top 70 programs — all members of the five former major conferences, plus Notre Dame and new ACC member SMU — as permanent members and encompass all 130-plus FBS universities.

The perpetual members would be in seven 10-team divisions, joined by an eighth division of teams that would be promoted from the second tier.

The two big conferences, Big 10 and SEC are pushing back with their own ideas
The SEC and Big Ten, the two most powerful football conferences, have formed an advisory alliance focused on “a sustainable future of college sports,

Then there is the looming NIL back payments that would bankrupt conferences and the NCAA.