In 1988 when 10 top-flight English League clubs threatened to breakaway and form their own league, few could have imagined how things would have changed two decades later.
English football was in a state of decay in the late '80s. Hooliganism was rife, clubs were banned from European competition in the wake of the Heysel disaster, stadia were crumbling and attendances were dwindling.
Like most breakaways, this was fueled by money. TV rights cost £6.3m in 1986, but by 1988 this had risen to £44m. The top clubs saw that they could benefit by negotiating their own deals. The only problem was that the product was not so desirable.
The English football landscape then began to evolve. It took another tragedy (Hillsborough) in 1989 for legislation regarding policing and stadia to come into force, and this led to a huge influx in investment.
By 1991 the top division clubs wanted commercial independence, and in 1992 all 22 top-flight clubs resigned from the Football League.
In what was at the time considered a risky option, media rights were sold to Sky Sports, but this has proven to be a masterstroke. Canny marketing and an improving product has seen the value of TV rights soar over the last 17 years, and the most recent contract saw a deal done for c£1.8bn.
No one can deny the financial success of the Premier League. On a global scale only the NFL, MLB and NBA generate more revenue. However, since the establishment of the league, there has been a pronounced two-tier structure that has come into English domestic football.
The cost for a team being relegated from the Premier League can be crippling to small market clubs, and there are the constant accusations that TV money is shared unevenly between an elite few.
This coupled with the fact that the top four teams in the league has rarely changed since its inception, suggests that not everyone benefits from the Premier League in the same way.
However, very few would argue that the growth experienced by football in England has not been because of the decision by clubs to breakaway.