Tottenham and the other Premier League teams who joined the European Super League are yet to withdraw from the binding agreement that formed it and they could relaunch it next season.
Spurs and the other Premier League top six clubs formed the European Super League alongside three others each from Spain and Italy.
However, hours after the clubs announced their intention to join the competition, they faced a serious backlash from fans.
Led by Manchester City, the EPL clubs withdrew from the proposal and they have since been punished by the Premier League and UEFA.
Real Madrid, Juventus and Barcelona have refused to withdraw and they are keen to ensure that the proposal succeeds.
While the Premier League clubs announced that they have withdrawn from the agreement, The Times says the idea isn’t dead and it will be revived.
It insists that every club that was a part of the initial agreement remains legally bound to the project.
They are just waiting for the right time to revive it and it could be as soon as next season.
A senior source close to the agreement reportedly said: ‘The owners know this is not the end — it’s just the beginning.
‘We will resume dialogue, whether this year or next year. It’s just financial gravity. Football can’t survive in its current form.’