"Pending approval of the UEFA ExCo, the "green light" has been given to introduce a third competition, bringing the overall number of clubs to 96, as of the 2021/22 season", Agnelli said.
In recent weeks, UEFA has said it is "constantly reviewing" its competitions and has been "discussing various ideas within its Club Competitions Committee before any decision on potential changes would be made".
"Pending approval of the UEFA executive committee, the "green light" has been given to introduce a third competition, bringing the overall number of clubs to 96, as of the 2021-22 season", Agnelli said.
Millions prepare for potentially catastrophic Florence
National Hurricane Center (NHC ) has started sending out coastal advisories for Hurricane Florence at 8 a.m. on September 11. Mandatory evacuation orders have been issued for more than 1 million people in coastal areas of the Carolinas and Virginia.
Agnelli sits on the UEFA executive committee and is also the chairman of Italian club Juventus.
When Lazio beat Mallorca 2-1 at Villa Park in Birmingham, England, in May 1999, the Roman side became the 39th and last winners of the European Cup Winners' Cup before the competition was abolished.
No details have been announced, but it is expected to run alongside the Champions League and the Europa League, although reports suggest the latter competition could be restructured.
The Cup Winners' Cup - for domestic cup champions - was scrapped in 1999.
EA defies Belgian loot box decision, setting up potential "gambling" lawsuit
However, EA have shrugged off the warnings so far and made no changes to the ways its games use this addictive gaming technique. However, one of the other major companies under the loot box microscope, EA, has supposedly drawn a line in the sand.
The ECA has previously called for more clubs to be involved in European competitions and a "greater certainty of matches" for participating clubs.
All three subjects are part of FIFA-led talks to agree on a new worldwide calendar beyond 2024 - the year when widespread changes to soccer can take effect, Agnelli has said.
"The current model needs modernising", said Agnelli, 42.
Manchester United eye move for Paulo Dybala
He is the spiritual child of Johan Cruyff; he played under Cruyff at Barcelona and learned everything from him. And as per Calciomercato .it, Manchester United are ready to invest heavily in the attack.