Six Premier League clubs have agreed to join a breakaway European Super League, with a total of 12 European sides signing letters of intent.
Manchester United, Liverpool, Manchester City, Arsenal, Chelsea and Tottenham have signed up, along with Barcelona, Real Madrid, Atletico Madrid, Juventus, Inter Milan and AC Milan.
The plans have been vehemently opposed by football's governing bodies, with The FA saying it "would be damaging to English and European football at all levels and will attack the principles of open competition and sporting merit which are fundamental to competitive sport."
Mirror Football has taken a look at what a prospective European Super League could mean for the Premier League.
Would it replace the Premier League?
The Super League is not designed to replace the Premier League, instead taking place instead of the existing Champions League.
The proposed competition would effectively destroy UEFA's premier competition, the Champions League, with the most marketable clubs no longer competing.
Do they need permission?
The six English sides would need to be given permission by the Premier League to compete in the new European Super League.
That decision will not come down to a vote by the 20 Premier League clubs themselves but it will instead come from the league's board.
That same board has already made it clear that they do not support the formation of a Super League.
Could they leave the Premier League?
If they do not give United, Liverpool, City, Arsenal, Chelsea and Tottenham permission to join, then those clubs will be forced to leave their domestic league in order to take part.
UEFA, the FA, the Premier League, the Royal Spanish Football Federation, La Liga, the Italian Football Federation and Lega Serie A have all released a joint statement in which they threatened all the clubs involved with a ban.
The statement read: "As previously announced by FIFA and the six Federations, the clubs concerned will be banned from playing in any other competition at domestic, European or world level, and their players could be denied the opportunity to represent their national teams."
"We thank those clubs in other countries, especially the French and German clubs, who have refused to sign up to this. We call on all lovers of football, supporters and politicians, to join us in fighting against such a project if it were to be announced.
"This persistent self-interest of a few has been going on for too long. Enough is enough."
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