No , the cycle is not meant to stack up all the world class talents in the Spanish big two and spain and for them to dominate european football in the ucl forever and for epl clubs to get rolled over. They have managed to do it so far in this decade by breaking world records in terms of transfer fee and making it financially incapable for any other clubs to sign their players by setting up sky high release clauses, The cycle and the system in not meant to polarise the big businesses as dominant forces but to have a level playing field which is better for competition.
That's what they main point, Epl clubs are financially dominant with the tv deal and thus we see the massive increase in player prices all over the europe, But it should not mean the clubs including epl clubs should protect the spanish status quo and not have the ambition to compete in europe on the highest levels, and when rest of the europe can increase their player prices to defuse the advantage, so should the epl cubs do the same for their players to bridge the consistant gap which evolved in this decade due to the two best players playing in spain specially now with the brexit effect which certainly will have some effect for the epl clubs.
The Spanish big two have always had a particular pull for South American and Iberian players, and release clause isnt a thing in England. It has nothing with other clubs lacking the ambition, it's just unfortunate fact, and it wont change anytime soon. PSG prized Neymar away but not every club is backed by oil rich state money.
Football is a buisness, but also business booms the best when you have level playing field in competitons and unpredictability in terms of results, Its not meant to protect the status quo.
And inevitably power and money will concentrate on the selected few who got a big break due to timing, finance or aggressive takeover strategy. It's a bit rich for us Utd fans to talk about a level playing field when we regularly broke British transfer records, and for a brief time held the world transfer record.
The players perspective changes massively with money and the ability to win the highest honours in the game, Why should EPL clubs be any left behind to change those perspectives with the success of their product?
EPL clubs are welcome to try. Until they become dominant again in the UCL, the best players and prospects will continue to head to Spain, or to PSG if they continue to splash out transfer fees and wages beyond what a self-sustaining club can afford.