MANCHESTER UNITED and Liverpool are reportedly in talks with Fifa over forming a European Premier League comprising of 18 teams.
Following their failed Project Big Six proposal, the two giants of English football have come up with a new plot.
That idea would have seen the Premier League reduce from 20 to 18 teams, with there to be no League Cup or Community Shield.
SunSport revealed last week how United and Liverpool were to ramp up their attempts of a European Super League if their Project Bix Six proposal was knocked back.
And according to Sky News, financiers are assembling a £4.6billion funding package to assist the creation of the European Premier League.
It has been stated that clubs from England, France, Germany, Italy and Spain are in negotiations about becoming founding members.
Up to five English clubs are said to be allowed to join, with a provisional start date of 2022.
Sky have also reported how Fifa have been involved in developing the new format, which would see fixtures being played during the regular season.
The top-placed clubs would then compete in a knockout format to decide the winner of the tournament.
This would effectively usurp the Champions League, which has been the premier European competition for decades.
It is unclear whether Uefa have backed the idea of the proposal.
A formal announcement about the plans is expected to be made public by the end of the month.
United and Liverpool’s Premier League rivals Chelsea, Manchester City, Arsenal and Tottenham have all been approached about joining.
Four clubs from Italy and Spain are expected to be included, with three clubs from Germany and France.
To help launch the European Premier League, it has been claimed that the Wall Street bank JP Morgan will provide the £4.6bn.
As well as English clubs, the likes of Real Madrid, Barcelona, Paris Saint-Germain, Juventus and Bayern Munich have also reportedly been approached.
It has also been said that Los Blancos president Florentino Perez has been a driving force behind the project.
More to follow…
