Under healthy normal circumstances, what pays player wage is the potential income and the source is consumers. The boasted revenue often going straight into fee and wage payment. That's why we have been seeing best earning clubs, making very little profit, even going under. Some clubs take less risk in wage and fee game but more often than not end in up with lowering ambition. What became broken is the money for state pumped into the football, which is outside a normal system. You're mistaken if you think this is UEFA original idea. It has Super League/ the clubs bosses fingerprint all over it. Yes, we had already arrived where the inflation is out of control in football. Every big clubs have freaked out, hence they're siding to push for this reform. UEFA couldn't care less in this current broken system. What they feared is exodus of big clubs who already foresee their bleak future.
Once you fix the system via these reform, thing would normalize. The worth of player would normalize over time in this reformed CL. The consumers interest in teams and players increase with the guaranteed for historic high performers, more big match match up that wouldn't result early elimination; the CL clubs in question increase their potential income, lowering the risk of going under thus allowing them to pay more in wage.
A non CL club doesn't need to pay much up front really to start when they're acting as hub for transfer/ developing ground for CL clubs. CL clubs can sell their raw talents, for reasonable, even peanuts with big sell on clause for when the players move to another clubs. There is only few months between summer to winter window. If they're want to deal, they can always do it using a trustworthy middle man club.
What is unfair is players can't go a long way with their boyhood clubs, or their dream clubs go down under and their only choice left is joining plastic club for high wage. As thing happening, with the Ac Milan, Barcelona of this world struggling financially now, next could very be Real Madrid Juventus, Liverpool... and us.
Many young players not exactly outgrow the league or the team they're in. They're sold because there are clubs driven by the unhealthy competition, just throw money at the parent club. The parent club lack the platform to grow, so they don't have ambition to keep the players. Players maybe immature for their new clubs, and stunt their development. A great prospect may end up with bad career. In the long run, they're not making as much money as player who enjoy a good career, despite a more humble pay.
A league profile would improve as their teams doing well in Europe, especially CL. You're still basing your view on the future system on yesteryear facts. If the league grow to become a big league, then how can a player outgrow it? For example, Just like how Serie A used to be the pinnacle of football while English football was nothing in comparison. We have top players in England want to come to Italy, while English clubs most of the time only attract out of favor, difficult players from Italy. When English football grow to become a top league, you don't see that trend any more. Serie A despite the drop of quality, their native players most of the time opt to stay in his countries as it's still a bigger league. Spreading the ambition, let other league grow, it it takes care of the problem itself.