That's right, they won't because they know nobody would be remotely interested in watching it. So by that association they are effectively admitting that their value as 'big clubs' is more in what has been built in the 100 years that went before it. The brand loyality from fans, the historical significance which attracts sponsors and broadcasters.
Once you understand that you understand that all this bollox about the rest of us needing them more than they need us goes out of the window. Our resolve to not only stop them but punish them so much that they never dare to dream of doing this ever again should not weaken over a few weeks of mealy mouthed words and climbdowns