The Switzerland-based sporting body is working with Centricus on a plan to fund a new-look UEFA Champions League tournament, the people said, asking not to be identified discussing confidential information.
Negotiations are ongoing and there’s no certainty UEFA and London-based Centricus will reach an agreement, according to the people. A representative for Centricus declined to comment, while a spokesperson for UEFA didn’t immediately respond to a request for comment.
It comes as UEFA prepares to battle with a new Super League that could mark the biggest upheaval of European soccer since the 1950s and end the Champions League’s decades-long reign as the world’s premier club contest.