Man Utd, Liverpool in talks to join new European super league

Manchester United and Liverpool are in talks with Europe's elite clubs to join a new FIFA-backed competition that would reshape soccer's global landscape, Sky News reported on Tuesday, reports Reuters.

United declined to comment on the report and Liverpool did not immediately respond to a request for comment.

Citing unnamed "football industry" sources, Sky said more than 12 teams from Europe's top five leagues - in England, France, Germany, Italy and Spain - are in negotiations to become the founding members of the new competition, dubbed the European Premier League, with a provisional start date in 2022.

The report added the financiers are looking to raise a $6 billion funding package to kick-start the new tournament.

Sky said FIFA, football's world governing body, is working on a new format, which is expected to feature 18 teams playing fixtures during the regular European season before a knockout phase. Sky added that neither FIFA nor UEFA had commented on the story.