UEFA president Michel Platini has admitted he is considering scrapping the Europa League in favour of an extended Champions League, according to the Daily Telegraph.

The Frenchman admitted UEFA’s second tier competition was failing to draw in sufficient sponsorship and television money and needed to be addressed.

The Europa League has been viewed as something of a wooden spoon for Premier League teams aiming to finish the season in the top four in recent seasons, as the income from it is dwarfed by that of the Champions League.

Teams such as Tottenham Hotspur and Liverpool have regularly fielded weakened sides in the early stages of the competition, with Harry Redknapp even admitting he would rather not be in the Europa League while he was Sours manager.

In an interview with Ouest-France, Platini was asked if European football’s governing body had considered doing away with the Europa League and expanding its more prestigious sibling from 32 to 64 teams.

“There is an ongoing debate to determine what form the European competitions will have between 2015 and 2018,” he replied.

“We're discussing it, we will make a decision in 2014. Nothing is decided yet.”

Champions League glory is the holy grail for teams in terms of prize money and commercial weight, with most recent champions Chelsea getting a huge boost from their unlikely victory in Munich in May.

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