PARIS, Nov. 6 (Xinhua) -- The European Leagues, a sports organization created for the growth of professional football in Europe, has voiced its strong opposition to the possible creation of a European Super League.

According to ongoing Football Leaks allegations, the UEFA Champions League may give way to a closed competition featuring some of European football's elite clubs.

"The European Leagues note the ongoing rumours and speculation around the possible creation of a European Super League by several big European professional clubs," read a statement from the organization.

"The European Leagues has consistently voiced its strong opposition to the creation of any 'closed and franchised style' Super League," the statement added.

The organization pointed out that it "supports the European sports model based on a pyramid structure where the mechanisms of promotion and relegation and the sporting merits of clubs are at the core of any competition".

"Proposals for a closed Super League will have serious and lasting implications for the long-term sustainability of professional football in Europe."

"The European Leagues fully supports UEFA in the management and organization of European Club Competitions and shares with UEFA the common principle of protecting and enhancing a competitive balance in European football," the statement said.