The announcements by Premiership Rugby and the Ligue Nationale de Rugby (LNR) on 10th September confirmed that the Top 14 and Premiership Rugby clubs had instructed their leagues to put in place a new competition in time for the 2014/15 Season.
It is now confirmed that the competition will be named the Rugby Champions Cup.
The Rugby Champions Cup will be open to teams from all three leagues in Europe.
The competition will be based on the principles of qualification on merit, a strong competition format, equality between the leagues, higher commercial values for the teams and expansion into new European markets.
The Top 14 and Premiership Rugby clubs have already confirmed their participation in the new competition and a joint working group has been created to prepare all necessary elements in good time for the 2014/15 season.
Further details concerning the competition format, marketing and financial aspects of the Rugby Champions Cup will be communicated in October.
Mark Cueto has today announced that he will retire from playing at the end of the current season. Mark is currently the All-Time Leading Try Scorer in the Aviva Premiership with 87 tries having overtaken former team mate Steve Hanley's record of 75 tries in February 2013.
Despite trailing by three points at the interval, Sale Sharks European Cup campaign ended at Thomond Park to a Munster side who were desperate to finish on a winning note after failing to qualify for the Quarter Finals.
Sale Sharks' European campaign this season has been a case of what might have been but back-row forward Mark Easter insists he and his teammates can hold their heads high even if it ends without a win.
Danny Cipriani has been called up to the England EPS Squad ahead of this season's Six Nations, and Ross Harrison has been called up for the England Saxons squad for their match against Irish Wolfhounds on Friday 30th January.