Here is the following changes I would impliment.
1) Remove double-point rides, however one of your top riders (1/5) can come in for your middle order (2/3/4). One rider, once per meeting.
2) TV rights will be opened up, with 4 packages available: 1) Live Rights EL, 2) Delayed rights PL, 3) Delayed Rights CL, 4) Round-up programme. No one broadcaster can have more than 2.
3) Teams will be built to 45 points including bonus. No changes to dilute the product. This will be for 1-5 only.
4) Wages will be capped at an affordable level.
5) All teams will have at least 2 brits, at least one of these has to be from the nation you are riding in (ie scotland, england, wales etc).
6) All teams can have a maximum of 10 riders in thier squad, 2 of which can double up from lower leagues)
7) Guests to be allowed
8) Rider replacement allowed
9) Income from TV broadcasting to be shared on a proportional basis throughout the leagues. 50% between EL clubs split right down the middle, 30% to PL clubs, 20% to CL clubs.
10) Promotion and Relegation to be brought in, Windfall payments for those promoted, parachute payments for those teams relegated.
11) A percentage of gate receipts to be forwarded for the setting up of a slush fund, where teams in trouble can be financially supported.
12) Graded reserves will continue, with the grades being decided upon by the averages: 1-3 points, C. 3-5 Points B, 5+ A
13) Fines for promotors who are found to have "bent" rules to suit themselves.