From the beeb:
The G14 group of Europe's most powerful clubs has disbanded after Fifa and Uefa agreed to listen to them on key issues.
Arsenal, Liverpool, Manchester United and Rangers (Ed - Not Chelsea) were among the 18 clubs at odds with the bodies over compensation for players injured on national duty.
Some clubs had taken legal action but that will be dropped after the parties agreed to work more closely together.
Uefa and Fifa say they will compensate clubs for players taking part in European Championships and World Cups.
Fifa president Sepp Blatter said: "The clubs, which are the basic cells of our game and fundamental to its thriving, are at last to become a part of the pyramidal football organisation."
Uefa president Michel Platini added: "The demands of the clubs to be heard and to be associated, also financially, are well-founded. The letter of intent is not a political step, but a logical one."
G14 will be replaced by the European Club Association, which will have more than 100 members, including one from each of Europe's 53 national associations.