Van Gaal won the Champions League as Ajax manager in 1995, two seasons before the tournament was expended to allow the runners-up from eight domestic leagues to participate.
England - along with Germany and Spain - now have four teams qualifying for the competition every season based on league position.
Leicester and Tottenham occupy the first two of the four Champions League places available for next season, with United and Liverpool currently outside the Premier League's top four.
Asked about this week's events, Leicester boss Claudio Ranieri said it was mostly "speculation".
"This is sport, no? I understand they want to do something, but if something strange happens, they shouldn't blame the little teams, they should blame themselves," he said.
"They are trying to do something, but I think people must think about what fans want, not only about money, because the culture and the fans are more important than other things."
Charlie
Stillitano, chairman of American company Relevent Sports that organises
the pre-season International Champions Cup competition, was also
involved in Tuesday's meeting between the five Premier League clubs.When asked if a super league was on the agenda, Stillitano told radio station Sirius XM: "I think it is. They're talking about it all over Europe. At least a change in format.
"When they came up with the Champions League, the idea wasn't to have PSV and Genk playing in the knockout stage.
"What would Manchester United argue: did we create soccer or did Leicester create [it]?
"Let's call it the money pot created by soccer and the fandom around the world. Who has had more of an integral role, Manchester United or Leicester?
"It's a wonderful, wonderful story - but you could see it from Manchester United's point of view, too."
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