The new third tournament is coming in the next couple of years I think.
I believe they are still having this disgusting parachute thing though where teams drop from one tourney into the next - the absolutely worst thing about modern Euro fitba by a mile - so teams will be dropping from the Europa into this new thing.
I fully expect to see Timothy get papped out the champions league qualifiers, then get papped out the Europa league - probs at groups - & then still get to drop down again into this new tournament. Three attempts at Europe - Absolutely farcical.
So basically, just expect more of the same as we get now - but with shyter teams.
Yaaaay - Go UEFA....