A third European club competition could be introduced alongside the Champions League and Europa League from 2021, according to the head of the association of Europe's biggest teams.

European Club Association (ECA) chairman Andrea Agnelli, who is also on Uefa's executive committee, said "the green light has been given".

He did not give any more details on how the tournament would be organised.
"The current model needs modernising," said Agnelli.

Agnelli, who is also chairman of Italian champions Juventus, said: "A detailed assessment of the existing international match calendar is required prior to presenting a new model post-2024."
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