Ok, let's imagine this. The Rugby clubs get together and restructure the league to create 8 franchises, they get a better TV deal (the current one is under valued) and launch a whole new product along side a 7s league (of the the same franchises) and even and Anglo Scottish or Anglo Irish cup.
Could it work? Honestly I don't know but what I do know is what we are currently doing is failing badly. So when have franchises worked in Rugby? About the same amount of time the current premiership has worked but franchises have never been tried unlike the current failing system.