UEFA are considering doubling the number of teams in the Champions League, from 32 to 64, and potentially scrapping the Europa League.
Said UEFA president Michel Platini, in an interview with ouest-france.fr (translation by Google):
There is an ongoing debate to determine what form will the European competitions between 2015 and 2018. We talk, we will make a decision in 2014. There is nothing decided yet.
There are many factors at play here, and opinions differ wildly on the concept of expanding Europe's premier club competition—as they do on the idea of ditching the much-maligned Europa League.
Here's B/R's Clark Whitney:
Platini: Uefa may scrap the EL & expand CL to 64 teams. With mid-table clubs involved, how could it be called a "Champions" League?— Clark Whitney (@Mr_Bundesliga) November 28, 2012
And here's commentator Guy Mowbray with a contrasting view:
Bigger Champions League & no Europa League? This might be Platini / UEFA's first good idea. Interesting.— Guy Mowbray (@Guymowbray) November 28, 2012
To help you pick a side on the debate, here are some potential implications of expanding the Champions League.