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European Soccer Clubs Attempt To Form 'Super League'

Leaders of FIFA and UEFA are warning the clubs of potential legal action to stop the league's formation.
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Soccer's most popular teams are leading the sport's biggest transformation in decades. 

Twelve European clubs, including Barcelona and Manchester United, are planning to launch a breakaway competition called the "Super League." 

Each club would receive about $400 million in the exclusive competition. 

Leaders of FIFA and UEFA are warning the clubs of potential legal action to stop the league's formation.