Ive said it before to a lot of fans the Champions League has become a bore fest . Ok great for the elite few but the vast majority the last 20 years have been the same old teams . Obviously we discuss football with our friends who can often be supporters of the same club so it feels we all love it and we have banter with other fans who's clubs might be or get in it (Of course if a miracle happened West Ham got it in it Id be interested fleetingly after a quick exit) but know even a freak qualification doesn't mean the next 10 years in the competition .
Look how much Man City have spent and I think have made one semi final in 10 years . Fans aren't jealous or aspire to that as supporters of big clubs might think because what happened to Man City financially is pie in the sky to virtually any club globally . They know it won't happen as there are probably 2 or 3 clubs in England at best that given vast financial investment could go places that aren't in the so called top 4
I actually think the Champions League has been relatively diverse over the last 20 years. Yes, you are always going to get some of the "elite" clubs in the latter stages like Barcelona, Madrid, Juventus and Bayern, but there have also been a fair few surprises and new clubs coming to the fore. For example, some clubs that have reached at least the semi final since 2000:
2020 - Lyon and Leipzig
2019 - Ajax and Tottenham
2018 - Roma
2017 - Atletico and Monaco
2016 - Atletico
2014 - Atletico
2013 - Dortmund
2011 - Schalke
2010 - Lyon
2006 - Villarreal
2005 - PSV
2004 - Monaco, Porto, Deportivo
2002 - Leverkusen
2001 - Leeds, Valencia
On top of that, you've also had clubs such as ourselves being surprise winners in 2005, disappearing in 2010 and then coming back with a bang from 2018. The likes of AC Milan, Inter, Arsenal and Man United have gone from being regular contenders to not qualifying at all, whilst the likes of City and PSG, as disgusting as they are, have gone from never qualifying to being potential winners.
Malaga, Leicester, Atalanta, Seville, Benfica, Wolfsburg, Galatasaray, Shakhtar, APOEL, Marseille, Benfica, CSKA, Fenerbache and Panathanikos have all made it to the quarter finals.
In 2000, no one would be shocked if the semi finals consisted of say Real Madrid, AC Milan, Man United and Bayern Munich, whereas now, two of those clubs would be a relatively big surprise. Conversely, a line up of PSG, Man City, Atletico Madrid and Dortmund would have been unthinkable back then, whereas now no would really bat an eye lid.