The new tournament will be conducted according to the same scheme that Champions League and Europa League.
UEFA approved the establishment of the third club tournament in 2021, according to UEFA’s official website.
The new tournament will be conducted according to the same scheme that Champions League and Europa League. Group stage with 32 teams.
Format includes a group stage (eight groups of four teams), 1/8 finals, quarterfinals, semifinals and finals.
Before the 1/8 finals will be held an additional round of the playoffs. It will meet the second group and third places in the groups of Europa League.
New tournament provides 141 the match for 15 days exactly the same as in the Europa League.
The games will be played on Thursdays. Thus, the Champions League is still played on Tuesdays and Wednesdays and Europa League and new tournament on Thursdays.
The winner of this tournament will receive a spot in next season’s Europa League.
The finals of all club tournaments will be held in the same week – on Wednesday (a new tournament), Thursday (Europa League) and Saturday (Champions League).
According to the materials: