Perez, who returned for a second stint as president of the Spanish giants last month, has embarked on a multi-million spending spree over the past few weeks, signing the likes of Cristiano Ronaldo, Kaka and Karim Benzema as part of his plan to assemble a new generation of galacticos.

The 62-year-old is now casting his net even wider in his bid to alter the face of European football, and told Spanish television: "We have to agree a new European Super League which guarantees that the best always play the best - something that does not happen in the Champions League."

Perez added, however, that he hoped his proposed format could be implemented "without abandoning the national leagues".

PA Sport