It's the conflict between those who see football/sport as a sporting contest or as an entertainment industry.
The original charters will have been written before TV companies and others realised they could make a fortune out of football. Those who see it as entertainment are happy to have the money remain in the upper echelons of the game so clubs can assemble elite squads and play the most entertaining football out there, including regularly scudding the 'diddies' of whatever league involved.
As I mentioned earlier in the thread, the TV market is for the casual fan, the ones who just want to see good football, a team that's winning before they change the channel onto whatever Netflix series they're watching. The match going, toughing it out through thick and thin with their local team fan forms such a small % of the global audience that they don't matter.