The newly expanded version of this event is set to hold in 2021.
The FIFA Club World cup competition currently features seven teams – the winner from each confederation’s continental tournament. With this new expansion, it will feature 21 teams for the first time in 2021, according to new FIFA rules.
The new format will feature eight European teams, six from South America, three from each of Africa, Asia and North and Central America and one from Oceania.
This new tournament will be held every four years as will take the place held by the Confederations cup, which is being scrapped.
“It is a historic decision for football,” FIFA President Gianni Infantino said, speaking at a FIFA council meeting in Shanghai. “The new [tournament] will be a competition which anyone who loves football is looking forward to. It is the first real and true Club World Cup where the best clubs will compete.
“It will allow us to generate significant revenues but I want to underline this, very, very clearly … FIFA will have zero out of this because we will reinvest this in football.”