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European Title

So what was the deal with the European Title back in the 90s? At the time, WWF only had three championships, unless light-heavyweight had been added, I'm not sure. 

Was it expected to be an equal to the Intercontinental title? I know they've moved on to have countless titles over the years, but this was the first major new one and I'm wondering if anyone knows what made them pull the trigger?

Thanks

Brian

It was basically a vanity title for Davey Boy Smith that was supposed to boost business in the UK market by having him defend it overseas, and then Shawn threw a tantrum and put himself over for the belt to kill it in that market and it became just another joke title from then on.  Nothing else to it, really.