I'll no doubt get slated for my cynicism at these proposals but here's my observations.
I have worked with "strategic partners" before. They are not partners they are third parties looking to make as much money for themselves within the terms of their contract. Nothing wrong with that in itself, but always worth bearing in mind that their interests may diverge from interests of the sport. I imagine both sides will have exit clauses so 12 years is meaningless.
They have done the classic management consultant job of re-hashing old ideas to please the more powerful people in the organisation - in this case the biggest clubs in SL.
Grading - just a re-hash of licencing by another name with a few tweaks to make it seem different. IMHO possibly changing the grading to annually will encourage fringe Grade A/B into more short term spending. The only way clubs can be graded objectively is to apply some minimum criteria like ground size. Everything else will be cyclical on team performance or open to manipulation. Number of season ticket holders? Easy, give them away to kids or sell 1st x 000 at heavily discounted price.
Promotion and Relegation - Until you have at least 12 Grade A clubs, there's scenarios which won't work.
Not 2 x10 - not surprised -that would have reduced support for their proposals.
Challenge Cup Final in May - wow you mean back to where it was more successfully for 80 odd years. Thanks for that insight.
An international calendar - thank you for that insight.
No loop fixtures - will be interesting how SL clubs react to losing 3 home game revenue. They will have to increase revenue per home game by c25% to make up the difference.
Maximum 2 overseas clubs in SL - that's handy there's only 2 in RL. So if Toronto re-formed and got to Grade A, we just demote Toulouse or Catalan if they both are in SL? Or just tell Toronto they can never get in? Again a fairly meaningless sop to please existing SL clubs.
Not so much a "re-imagining" of sport more a "re-hashing" of old ideas. Classic management consultant exercise.
The last "Joint Venture" I witnessed in a work capacity ended with the client suing the "strategic partner". And they were a big consultancy group.
The major issues look like
Agreeing the objective grading criteria which cannot be manipulated. Any subjective measures will be open legal challenge.
How SL clubs will replace 3 home game revenues
Promotion and Relegation when there's Grade B clubs in SL
Which of these proposals (apart from an international calendar) is going to make more people want to watch RL? Still predominantly the same players playing for the same clubs in the same stadiums to the same laws.