Thats a bit unfair
I think it would be a bit unfair.
If an individual player like Brian Lara or Mahela Jayawardne does well in the league matches and Super 8 while lets say Windies or Srilanka do not qualify for the semis, then the player is being ruled out because of circumstances beyond his control.
The FAQs mention that "If a player is ruled out of a series due to injury or other unexpected circumstances then you will receive an extra transfer onto top of your competition allocation to enable you to exchange the injured player. This rule is the same for captains as it is for any member of your team."
Unexpected circumstances are left vague for interpretation and to me these circumstances also include a team's disqualifications, especially if it's a favorite to progress.
Besides, there was also a lack of clarity on how the modifications worked. Initially a lot of people (including me) thought that one modification enabled us to make multiple transfers and it would still be treated as 1 modification.
That was not the case and it should've been clearly mentioned.