At one time, the Uefa Cup Winners' Cup was abolished due to a lower sports level and less spectator interest in the tournament. Accordingly, in order to have more finances in the two remaining tournaments, therefore, the conversation about extra money is quite debatable for UEFA. At least, the creation of the Conference League was presented to us as not a business project, but as providing a chance to compete for an international prize and hold international matches for teams not from leading countries. I am also surprised that the Conference League final is held later than the Europa League final, but maybe all this is due to the very fact of the first draw of the tournament.
I think that the creation of this competition is intended to prepare a new format for European competitions.
Many criticized the much talked about SuperLiga. But I believe that sooner or later, something like that will happen. Not in the format that was presented, but in a more balanced and fairer format for everyone.
Therefore, soon we will have a European competition with divisions, where what defines who goes up or down is not the result of the national championships, but their classification in UEFA.