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End of the road for G14

AFP, Zurich
Football governing bodies FIFA and UEFA on Tuesday announced the signature of a letter of intent with Europe's top clubs which will see the eventual disbanding of The G14, which represents 18 of the continent’s richest football clubs.
As part of the agreement, hailed as a new chapter in relations between the governing bodies and the clubs, the G14 agreed to the withdrawal of their claims in court.
UEFA and FIFA also gave their undertaking to enter into a series of commitments including financial contributions for player participation in European Championships
and World Cups.
Representatives of organisations present agreed to regulate their future relationship with a number of actions including the evolution of the European Club Forum into the European Club Association (ECA).
FIFA president Sepp Blatter hailed the agreement as a turning point in modern football.
"Today's letter of intent gives a big boost to football," said Blatter.
"We have reached this positive conclusion by taking care of the legitimate aspirations and requests of clubs to access the decisionmaking levels of international football."
UEFA president Michel Platini added: "The demands of the clubs to be heard and to be associated, also
financially, are well-founded. The letter of intent signed today is not a political step, but a logical one."
Speaking on behalf of the clubs, Barcelona president Joan Laporta said: "friendship and confidence is the basis for our game. I compliment the UEFA President on having implemented the change he promised when he came to office. It is a victory for all."
At a meeting of the European Club Forum on January 21, UEFA will propose to the European clubs the intention to create a new body that will represent their interests at European level.
This new club body - to be known as the European Club Association - will consist of more than 100 clubs across Europe, including representatives from every one of the 53 national associations of UEFA.
The G14 welcomed the move as a "long-sought change in governance of football" and said they would make a decision on their future at their General Assembly on February' 15.
"By entering into a real and mature dialogue with the clubs, UEFA and FIFA have signalled their intention to correct the imbalance that exists in the governance of the game at European and international levels," the G14 said in a statement.