Uefa president Aleksander Ceferin confirmed the news after their meeting in DublinA third European club competition with the working title 'Europa League 2' will be introduced from 2021. One English team will enter the play-offs of the new tournament, while Scottish sides may miss out on Europa League places in a reshuffle. The new tournament will be played on Thursdays alongside the Europa League. Every country's champions will still enter the Champions League, but only teams from the 15 top-ranked countries will go into the Europa League group stages or qualifiers. The winners of the tournament will qualify for the following season's Europa League.

Source: BBC December 02, 2018 20:18 UTC