UEFA has announced that a third club competition will be introduced from the 2021-22 season, European Club Association head Andrea Agnelli confirmed. The approval of the UEFA executive committee is pending, but it is said to be merely a formality.
The new event is expected to bring the overall number of clubs from 80 to 96, Agnelli told the ECA members at a meeting in Split.
“Pending approval of the UEFA executive committee, the 'green light' has been given to introduce a third competition, bringing the overall number of clubs to 96, as of the 2021-22 season,” the ECA tweeted from its official Twitter account.
The new competition is expected to increase the UEFA's revenue by a sizeable margin. However, the Eca did not divulge any other details regarding the tournament.
UEFA currently has two club competitions―the Champions League and the Europa League. The former has 32 teams in the group stage while the latter has 48.