Liverpool and Manchester United are among a clutch of European giants in talks to form a new European Super League, backed by FIFA.
The two Premier League juggernauts are two of more than a dozen clubs across the continent in negotiations to become members of the competition.
It could get off the ground as early as 2022 and would see fixtures take place during the regular football season, report Sky News.
Wall Street bank JP Morgan are reportedly ready to provide £4.6bn of debt to finance the launch, with the funds to be repaid from future broadcast income.
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