The European football Association approved the creation of a third European Cup tournament, which will be held in the identical pattern as the existing tournaments Champions League and Europa League. In the group stage will be 32 teams. The first draw of the third European competition will start in 2021.
On the official site of UEFA noted that the new format of the tournament will include a group stage (eight groups of four teams), 1/8 finals, quarterfinals, semifinals and finals. The only difference is that before the 1/8 finals will be held an additional round of the playoffs. It will meet the second group and third places in the groups of Europa League. All in all, the main draw of the tournament will be played 141 matches in the 15 days, as now in the Europa League.
The winner of this tournament will get a direct qualification for next season’s Europa League. Matches of the third competition will be held on Thursdays in parallel with the Europa League matches. The Champions League matches will continue to be held on Tuesdays and Wednesdays.
The finals of all three European tournaments will take place in one week: on Wednesday (new tournament), Thursday (Europa League) and Saturday (Champions League).
Recall that in early November it appeared that 11 of European football’s top clubs secretly discussed secede from UEFA and the establishment of an independent super League. Later, FIFA has stated that it will severely punish players that will play in the super League.