According to Winnaijatv News, Milan, as well as 11 other major European clubs, are involved in a proposed 350 million euro-a-year European Super League. The league concept was approved by the 12 clubs, rather than a reformatted Champions League. The Super League is in direct response to UEFA's new Champions league format. The Champions League will feature 36 teams, and the format is expected to be announced on Monday.
The blueprint of the league is reported to have 20 clubs, with 15 of them being permanent. The other five teams would be rotated in and out based on league performance. Of the permanent teams, it will include six premier league clubs, three from La Liga, three from Serie A, two from Bundeliga, and one from France's Ligue 1.
Italian, Spanish, and English giants are all in favor of the league, while all of their league's management, as well as UEFA, have made public comments disavowing the idea. UEFA has publicly criticized the proposed plan:
"UEFA, the English Football Association and the Premier League, the Royal Spanish Football Federation (RFEF) and LaLiga, and the Italian Football Federation (FIGC) and Lega Serie A have learned that a few English, Spanish and Italian clubs may be planning to announce their creation of a closed, so-called Super League.
"If this were to happen, we wish to reiterate that we - UEFA, the English FA, RFEF, FIGC, the Premier League, LaLiga, Lega Serie A, but also FIFA and all our member associations - will remain united in our efforts to stop this cynical project, a project that is founded on the self-interest of a few clubs at a time when society needs solidarity more than ever.
"We will consider all measures available to us, at all levels, both judicial and sporting in order to prevent this happening. Football is based on open competitions and sporting merit; it cannot be any other way."
Serie A called an emergency meeting today to discuss the news. League giants AC Milan, Inter Milan, and Juventus have reportedly agreed to the new project.
FIFA has previously stated that any participating members in a breakaway league could face serious penalties. They claimed that it could include bans from major events such as the World Cup.