Wat Tyler
Player Valuation: £70m
Yes exactly. The moment they are gifted a title they haven't earned then Leeds, West Brom, Fulham and about a dozen other clubs open legal challenges for their right to be awarded PL status, as you have established the principle that somebody is capable of making judgements based upon an incomplete season. It's a massive headache.
When faced with that dilemma, of one club being gifted a trophy they haven't earned, versus 19 clubs being potentially liable for the litigation costs of such a decision, it's easy to see what conclusion is arrived at.
Only problem with this is: the PL are a separate functioning body from the EFL.