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Metallox said:

What exactly is stopping the federations and UEFA from banning these teams from their domestic leagues and UEFA competitions? Officials are whining a lot but not doing much, and there's only been talks to suspend SL teams to play at UEFA level. What's also official is that players who dare to play won't be able to represent their countries either.

Who knows what might convince the SL teams' executives that this backlash is not worth it, though.

Probably also money and exposure. Excluding the biggest teams in Europe from their respective domestic leagues would have dire consequences for the viewership, income, stability, and viability of the leagues themselves. Things like "El Classico" and the English and German counterparts are huge draws and the biggest profiles play for the biggest teams. These teams have a bit more leverage than many realize, I think, but the whole thing is an asshole move but them which I cannot condone or agree with. Shameful is what it is.