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Major shake-up could see Arsenal, Chelsea and Tottenham join ‘European Premier League’

Manchester United and Liverpool are reported to be in “bombshell” talks about joining a new European Premier League, as reports the football.london.

Sky News reports that the FIFA-backed tournament would involve Europe’s biggest football clubs and “reshape the sport’s global landscape”.

Clubs from England, France, Germany, Italy and Spain are said to be in negotiations about becoming founder members of the league.

Up to five English clubs could be involved, with Arsenal, Chelsea, Manchester City and Tottenham Hotspur named as potential candidates.

A provisional start date of 2022 has apparently been discussed.

Sky News says that financiers are putting together a $6bn (£4.6bn) package to fund the creation of the new league.

It is reported that the league would feature 18 teams, with fixtures being played in midweek during the regular season.

A source told Sky News that this was “potentially the most important development in world club football for decades”.

This latest development comes after Project Big Picture – proposals to restructure English football, backed by Man United and Liverpool – were abandoned last week.

A Premier League statement on Project Big Picture said: “All 20 Premier League clubs today unanimously agreed that “Project Big Picture” will not be endorsed or pursued by the Premier League, or The FA.

“Further, Premier League Shareholders agreed to work together as a 20-club collective on a strategic plan for the future structures and financing of English football, consulting with all stakeholders to ensure a vibrant, competitive and sustainable football pyramid.

“Clubs will work collaboratively, in an open and transparent process, focusing on competition structure, calendar, governance and financial sustainability.

“This project has the full support of The FA and will include engagement with all relevant stakeholders including fans, Government and, of course, the EFL.”