Based on this paragraph about the potential Kontinental Hockey League expansion, how many divisions and how many conferences would the proposed league have?

The proposed league would have consisted of two conferences split into four divisions. The current KHL would have made up one of the conferences. The other conference would have been composed of a Scandinavian division and a Central European division. The winners of the two conferences would have played each other for the overall championship.

The league would have two conferences and four divisions.