Simplify the following text for a Grade 11 native English-speaking person.
Original: The club is one of the founders of the European Club Association ( ECA ) , which was formed after the dissolution of the G-14 , an international group of Europe 's most elite clubs which Juventus were also a founding member .
Simplified: The club is a founding member of the European Club Association , which was formed after the dissolution of the G-14 , a collection of Europe 's most elite clubs .