TE is silly.
League is harder than Champions League, although CL used to be stronger. There are no weak teams anymore, all teams have similar or equall average quallity. We did request to increase difficulty of league, but not to get league like this. That is also reason why CL quallity dropped. Teams which have 2-3-4 stars can win league of same quallity and quallify to CL. That is why in group phase of CL you can see 2* teams which wasn't case in past. This TE CL is like if somene removed coefficients from real CL and made champions of all leagues equall in CL draws. (eg. English PL winner = Scottish PL winner = League of Ireland PD winner)
To be honest, I wouldn't like to play neither league of 8-10 inactive and 4-6 active teams too (as it was in past). Nor 1st neither this systems are perfect. Now for me this is confusing concept where we have equall chances to win league or cup with 2, 3, 4 or 5* teams because we always get equally strong opponents. Why then to buy stronger players?
Cup doesn't make sense, because both cup and league are based on average quallity. Cup is the hardest competition, but doesn't offer highest financial rewards, so it isn't cost-effective.