UEFA is considering launching a third European club competition to go alongside the Champions League and the Europa League.
A meeting between the 54 UEFA members took place recently where the possibility of the competition was discussed.
This would include teams who fail to progress through the qualifying rounds of the Champions League or the Europa League.
They also considered whether the competition could be reserved for
teams from smaller countries who never participate in the group stages
of the existing cups.
The discussions are at an early phase, and any changes to the
structure in Europe would not be introduced until at least 2018, when
the current round of TV-rights deals expire.
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