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Nah you looking at wrong. The 'franchise' or look at it as a company is moving from one city to another but it's still the same entity. Swans name and colours were kept.
For example Baltimore Ravens mentioned earlier started from Cleveland Browns but difference was owner agreed just to move the players and coaches not the franchise/company so Cleveland kept the Browns 'company' and a few years later was permitted to start a new team with the history.
Closed leagues is different to open euro leagues. Soccer has adavantage of small towns/clubs making the big league. Look at Elversberg in Germany, a town of just 13,000 and just been promoted for the first time to Bundesliga.
Guingamp in Ligue 1 is the best example. Population of 7k. Made it to Ligue 1 between 2013/19.





