The alternative is to take out Stage 2 entirely and just play a last 32 knock out round, like the Europa League does.
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48 teams
Stage 1:
16 groups of 3
3 matches per group
each team plays 2 games
48 matches in total
Stage 2:
Top 2 from each group = 32 teams
8 groups of 4
6 matches per group
each team plays 3 games
48 matches in total
Stage 3:
Top 2 from each group into final 16 knock-out = 8 matches
Quarter finals = 4 matches
Semi Finals = 2 matches
Final & 3rd/4th playoff = 2 matches
That's 112 matches!
Finalists will have to play 9 games
Alternatives for 48 teams with fewer matches?
The alternative is to take out Stage 2 entirely and just play a last 32 knock out round, like the Europa League does.