UEFA are reportedly set to back a Champions League-style pre-season competition which would take place in a similar timeframe to FIFA’s Club World Cup from 2021.

American promoters Relevant Sports currently put on the well-established International Champions Cup pre-season format, which has seen the likes Manchester United, Real Madrid, Bayern Munich and Juventus regularly compete against each other in.

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According to the Daily Mail, the new tournament would see pools of three teams play each other in a group stage followed by direct knockout games, with all 24 clubs that compete required to field their strongest squads. Manchester United, Manchester City, Liverpool, Tottenham and Arsenal are all said to be keen on the proposal.

They are also hoping to include a number of South American sides after UEFA signed an agreement with Conmebol, the South American confederation, that will see the two bodies work together more frequently.

Relevant are hoping for bumper broadcasting deal for the elite sides competing, making the competition profitable for every party involved.

In other football business news, DAZN will target Premier League rights after it launches in the UK this year.