The Union of European Football Associations (UEFA) have approved a new tournament titled ‘League of Nations’ set to be introduced after 2018.
The competition will be played every two years with 54 UEFA members in unanimous support.
If countries perform well in the league, they are able to win qualifying spots for the Euro 2012 Championships.
The exact format for the competition is yet to be formalized, however should have 54 countries split into four divisions based on their respective rankings.
We accept and respect that all UEFA member associations have agreed to create a new competition,” said Wolfgang Niersbach, chairman of the National Teams Competition Committee.
“This is a big step for national teams in Europe and we hope that fans will support the format.”
England’s Football Association have welcomed the idea of the tournament and is looking forward to the competition.
Alex Horne, General Secretary of the FA, told Sky Sports News: “It’s a positive one. We’ve been working on this for perhaps 18 months now as a collective.
“I think what we have got in front of us with the Nations League is the prospect of some really exciting fixtures followed by the qualification games.
“For an England player, for manager Roy Hodgson, you want to be taking part in those big games.”
Horne continued that managers should back the competition amid concerns on extra fatigue on their players.
“We’re not taking any more dates so it’s the same 18 dates, the nine double-headers that we agreed we would work to,” he said.
“I think better quality games make for better quality development of players and the club managers ought to embrace it.”