European Premier League: talks held over lucrative breakaway competition

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  • Banking giant JP Morgan asked to seek finance for new league
  • Fifa dismissive, Uefa opposes plan for ‘boring’ format

Plans for a lucrative breakaway European Premier League involving top English clubs that would supersede the Champions League have been revived, with the banking giant JP Morgan being asked to seek financing for a new competition.

Liverpool and Manchester United have been approached to join the league, which would comprise 18 teams – including three more English sides and teams from Spain, Italy, Germany and France – and have no promotion and relegation, according to proposals reported first by the Spanish outlet Vozpopuli and by Sky News.

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Written by Paul MacInnes
This news first appeared on https://www.theguardian.com/football/2020/oct/20/european-premier-league-talks-held-over-lucrative-breakaway-competition under the title “European Premier League: talks held over lucrative breakaway competition”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.