Konami should be able to put their old edit version of the game. I'm pretty sure you can't copyright, let's say Sporting CP's lion,Lyon's "O"+"L", Hull City's tigers and so on.
The local team names can't be copyrighted as well, no one is going to sue me because I wrote "I want to go to Liverpool" on a book, for God's sake.
My opinion is that YES,it is legal
As lots of people said, you can't use all the symbols together,though, copyright law forbids it. As well as Liverpool FC on commentary. That's copyright law, not everything stated above this sentence and below the last post.