Revealed: European Super League unveils proposed format, pledges €3.5 billion for founding clubs

An August start, with clubs participating in two groups of ten, playing home and away, with the top three in each group qualifying for the quarter finals and the fourth and fifth placed teams playing home and away ties to join them

FOOTBALL POWER: Manchester United's co-chairman Joel Glazer (left), pictured with Avram Glazer at Old Trafford, will be the first vice-chairman of the proposed European Super League

THE twelve breakaway clubs behind football's proposed European Super League have launched their plan to change the face of the game. In a late night statement Sunday the 12 cubs - AC Milan, Arsenal, Atlético, Chelsea, Barcelona, Internazionale, Juventus, Liverpool, Manchester City, Manchester United, Real Madrid and Tottenham have announced an agreement competition, the Super League.

The statement says that a further three clubs will join ahead of the inaugural season, which will be launched as soon as is practicable.