Old one.
New is absolutely no sense for me.

Advantages of the old one:
- Monster tanking teams were penalized as they were grouped with teams several levels above (that could get better players along with a much faster training speed).
- Cup was a real achievement for strong teams, for the reason said above. Now there are too many trebles coming, you only need tokens to spend
- You are often grouped with the same people you are grouped in other competitions. I will almost securely play three "finals" against the same opponent .. A challenge, but a bit boring I would say

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