Manchester United and Liverpool set for new Federation Internationale de Football Association club cup worth £100m

Henrietta Brewer
May 16, 2018

It would see each team earn £100 million each for competing, according to reports.

At present, the Club World Championship is held every year, but exclusively the strongest clubs in the continents as well as the reigning champion of the host country compete in this tournament.

Uefa is reported to be unhappy with the proposal, its chief concern being that Fifa's new Club World Cup could have a detrimental impact on its hugely lucrative Champions League.

For the club competition alone the consortium "guarantees minimum revenues of $12 billion for the four editions from 2021 to 2033", according to a document, which AFP has read, that Federation Internationale de Football Association presented to seven big European clubs including European Champions Real Madrid, Spanish champions Barcelona and German champions Bayern Munich.

The rest of the European clubs are: Bayern Munich, Ajax, Milan, Liverpool, Manchester United, Inter Milan, Juventus and Paris Saint-Germain, who are sure to participate, while the other two teams will come from a group formed by Manchester City, Chelsea, Atletico Madrid, Porto Benfica and Borussia Dortmund.

The consortium backing the competition is being led by Japan's Softbank with the main backers coming from Saudi Arabia and the United Arab Emirates.

The Times' Martyn Ziegler reports that China have already thrown its hat into the ring to stage the inaugural edition of the Club World Cup in 2021.

Infantino is pushing to revamp the Club World Cup, boosting it from seven clubs to 24 in a four-year format.

Other reports by iNewsToday