The Rugby Football Union have announced that the future of European rugby has been resolved by the introduction of a new tournament to replace the Heineken Cup.
The governing body has revealed that three cross-border club competitions will be created - the European Rugby Champions Cup, the European Rugby Challenge Cup and the Qualifying Competition.
RFU chairman Bill Beaumont said: "The benefits will be seen far and wide, from the clubs to the supporters, sponsors and everyone who has followed the fabulous mix of high class rugby and good natured rivalry – all played out in many spectacular towns and cities in Europe.
"The RFU, and in particular Ian Ritchie, has invested significant time over the last few months in helping to find a solution to a problem that at one stage looked difficult to solve. We are very pleased that the challenges off the pitch are concluded so we can enjoy the joys of the game on it, creating more unforgettable memories for players and fans alike."
The new structure will be implemented for the 2014-15 season.