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If this is a repeat I apologize.
WI Louis XIV and Leopold agree to a territorial offset for Philip succeeding to the Spanish Empire?
For example:
The Spanish Netherlands and Milan are annexed to Austria.
Sardinia, Sicily and Naples are given to Charles of Habsburg as King of Italy.
Archduke Joseph's descendants would rule in Austria while Charles' would rule in Italy.
The death of Joseph would result in an earlier War of Austrian Succession most likely. How might that turn out?
Would the Charles line Habsburgs be able to make a go of it in Italy over the intermediate to long term?