Don't totally agree with that but I can see a first class tournament being created by the E.C.B. to what they perceive to be an upgrade on county cricket. So the county championship will still exist but might effectively be a second grade tournament. So players who have aspirations on playing for England will have to earn their stripes by being picked up from a county and doing the business with a franchise team.
Since the counties own the grounds, the more realistic scenario (and what I fully expect will happen) is that the 8-10 international ground counties will betray the rest and vote with the ECB to break off. Those counties will play first class (County Championship) and List A cricket (with an amalgamated women's team playing the same competitions) and each will be linked to a Hundred/T20 franchise owned by a private company, who pay their host county handsomely to use the ground for the premier short form tournament. In some cases, said private company may have already purchased said host county (as Rajasthan are attempting with Yorkshire).
That way the ECB and the big 8-10 can claim that County Cricket still exists, but it is perfected dovetailed with the franchise riches. The rest of us though, will see our ECB funding pulled and we'll be forced to cease as a fully professional club, instead demoting ourselves to National County status.
This is the reality, this is the future and this is why Essex's long-term existence firmly depends on either sorting out the ground or finding a new one. We've the catchment area and the fanbase to play and sustain ourselves as a full-time club at the highest level. For starters, we've a bigger fanbase than Hampshire, Glamorgan, Gloucestershire to name just three who would all survive. But we won't be invited to the party whilst our current facilities are of Non-League standard. Sort the ground out, we'll be allowed to join the elite counties and ensure Essex's long-term survival
Those of you who genuinely believe that the international counties (and their respective memberships for that matter) won't stab us in the back at the first time of asking are kidding yourselves.