no, there is nothing attractive to play in the higher levels now with the current situation.
check this post of Meis for example

This is my 80+ seasons. I've long given up CL and Cup competitions. It wasn't like this in the good old days.
It's IMPOSSIBLE for a team like myself with 6 star to beat 8 or 9 star teams.
* from here https://forum.topeleven.com/top-elev...er-levels.html

There is solution but it's not that.
Merging the servers and creating new ones for teams above lv40 for example is a good one.

but I don't know, difficult
too much work for a very small "target" group.