Could England and France have set aside their differences in the late 16th century, allying with the Ottoman Empire against the Habsburg menace?
England's grudge is against the Habsburgs in SPAIN...Why would England ally with France against the Hapsburg Menace?
What do they have against the Austrians?
The only thing that can possibly bring Britain and France into the same team is a force that both threatens French superiority on the land, and British superiority at sea - The Second Reich.
Well, if the Spanish used their New World riches to completely rebuild their navy after 1588, then they can again threaten Britain and they already have bases in the Netherelands, even if the provinces are in revolt. Instant threat to the English at sea and the French on land.
I so read that as 'Elizabethan-age Tripe Entendre'.