Sadly this isn't what will happen, relegation isn't actually that bad for them - they've been allowed to cheat so long they can just shrug it off. Then they work the whole 'we broke the system, broke the PL top four, FFP was designed to kill the small clubs etc.' and are back in the PL within a year and back in the CL the year after. The punishment has to fit the scale and longevity of the crime, they've been taking CL and EL spots off other teams, stopping teams winning titles and cups, taking players other teams would have signed all from a corrupt foundation - if they weren't state backed, the owners would be getting turfed out.