The Times reports the Qatari royal family will release plans next month to set up a 'Dream Football League' (DFL) involving clubs such as Manchester United and Barcelona in a direct threat to Champions League.
Qatar, who will host the 2022 World Cup, are aiming to become a major power in world football and are reported to be willing to offer each club £175million just for taking part.
To put that in perspective, Chelsea were awarded £47.3m for winning last season's Champions League.
The total prize money given out by Europe's leading club competition is £595m - that figured would be dwarfed by the money given by the DFL to just four of its 24 proposed participants.
How will UEFA react to this rival to the Champions League? Give us your shout below...