The Buzz | UEFA explores creating third European club competition

European football leaders have discussed the possibility of creating a third club competition.
At a meeting of the 54 UEFA members yesterday, they explored the merits of a new competition for teams that fail to advance from the qualifying rounds for the Champions League or second-tier Europa League.
They also considered whether the competition could be reserved for teams from smaller countries who never participate in the group stages of the existing cups.
The discussions are at an early phase, and any changes to the club competition structure in Europe would not be introduced until at least 2018, when the current round of TV rights deals expire.